GBP/AUD:
Data:30.03.2017
H4: Long termed short, short termed long.
The price made a correction after a strong rise to 1.65700. Now the price stopped it's declining movement on levels of strong horizontal support and diagonal support, as well as 50% Fibo. 200 EMA can play the role of a dynamic support.
DEM: In oversold levels, but there's no turn yet.
Alternative scenario: If the price reverts and goes under the diagonal support (under 1.61800) this scenario might be denied.
Entry: 1.62100
SL: 1.61600
Trader - S.Fuchedziev
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