Niverto
Short

Supply zone with Fibonacci confluence

FX:AUDUSD   Australian Dollar/U.S. Dollar
83 0 7
Hi Traders,

Nice area to watch for a short opportunity. The market is coming back to a Daily supply area with RSI almost extended forming a nice curve.
Before reaching this area the price has to broke the resistance forming at the H4 supply zone before reaching the Daily supply area. Note also the confluence with the 78.6 Fibonacci ratio.

Happy trading
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