Possible Short Setup for AUDUSD on 1H Chart Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 4, 2015 10:47 AM

Market overbought, price trading below resistance level 0.736 and the bearish RSI divergence suggests possible trend reversal. Price expected to test support at 0.726 and 0.722

Trade closed manually

⋅ Dec 4, 2015 1:57 PM

Closed manually @ 0.728