Is The AUDUSD Due for a Correction?
You will need to scroll your chart back to 2018 to see some level of structure on the daily chart.
With this pair having in an uptrend recently, and Stochastic and RSI both out of overbought zones I think we are likely to see a correction on this pair.
Short Positions at market
Stop loss 0.7838
Take Profit: 0.7497
With this pair having in an uptrend recently, and Stochastic and RSI both out of overbought zones I think we are likely to see a correction on this pair.
Short Positions at market
Stop loss 0.7838
Take Profit: 0.7497
Trade closed manually:
Trade invalidated: - 20 pips on this one as well.