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Elemont

AUDUSD - Trade the Fade

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Elemont Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD aud USD fx Forex
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trendanalysis chartpattern indicator audusd aud usd fx forex
- Reached resistance of overhead downtrend line
- Bearish divergence on stochastics

Expect a pullback, target next support.
Trade invalidated if price breaks resistance.
Trade closed: stop reached:
Positive china data released. Trade invalidated.
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