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.



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.



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.



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