GU Range Bound

GU has been range bound for a little while though it's on the watchlist. AU is back at supply so that's an area of interest too.

AUDUSD - Short

Price has rallied up to daily supply again and there's been a bit of a reversal. A demand level has been engulfed so I'll be watching to see what happens.

2016-10-02-au-short-d1

EURAUD - Long

The first demand level we were watching last week failed and there is another one just below it. I'll watch to see how price returns to that level.

2016-10-02-ea-long-d1

GBPUSD - Long

GU as back at the lower end of a range it's been in for a little while now. There's daily demand and after try to move higher, hasn't done so convincingly yet. This week we'll see if we get a move up or whether the bottom of the range gets broken.

2016-10-02-gu-long-d1-st

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