Fxprotrader

AUDUSD Sell Setup In Two Scenarios

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in upmove moving in a rising triangle. In MACD we have a bearish divergence which shows that this move is losing its power. Having this in mind we should expect a possible reverse to happen. Keep an eye for price to break the lower trendline of the triangle or look for any sell setup if price reaches the upper trendline.

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