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Roker1
Jan 25, 2018 2:43 PM

Ready to short AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

Hi guys,

this is what i'm looking at today. AUDUSD (and also NZDUSD) is facing a strong resistance zone on the daily and weekly chart. Price is showing RSI divergence on the daily timeframe and also an overbought condition on the weekly. With the right confirmation on the lower timeframes, this could be a nice trading opportunity. Keep you updated!

If u have question/ideas, share down below.
Otherwise, see you in the next chart!

Comment

Price has fallen and is now back to retest the previous highs. I'm ready to sell but still too early. Keep you updated
Comments
Sharecrazy
Thanks for posting , the people here on TV have really helped me learn along the way , everyday learn or hear something new .
Roker1
@Sharecrazy, good to know! Keep learning and you'll reap the results
Sharecrazy
Trigger pulled
Bigstack
Waiting with you
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