FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey Traders, I have entered a short position on AUD/USD strictly because I am seeing signs of this pair losing steam. We have not one, not two, but three rejections off the previous tops(1hr time frame). We have formed a bearish divergence on the 1 hr timeframe as well as on the 4hr time frame.


Entry: 0.69767

TP: 0.69212
SL: 0.69146
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.