AUD/USD SHORTING OPPORTUNITY Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 23, 2014 1:36 PM

The AUD/USD is in a down-trend, and we're looking at a divergence between price+RSI and Slow-Stochastic. Therefore, we're interested sellers, with a stop just above the upper descending line, and targets down at the bottom of the channel range.