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AUDUSD - SHORT first and then LONG

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
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KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account

⏳ 4 hr’s Chart analysis
Looking to sell a break of 0.7373 wick and the Body at 0.7384

Trading with a bullish channel formation - bearish divergence can be seen on the 4 hour chart

The chart makes a higher high while the divergence makes a lower high -

Often the price gets exhausted bullish momentum or at least a lower correction is possible

Expecting a reversal in this move -

Support - 0,7327

Resistance 0.7373


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