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EliteTradingSignals

AUD/USD SHORT FROM RESISTANCE

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
EliteTradingSignals  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis audusd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

AUD/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.667 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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