dule85
Short

AUDUSD 1h Structure and Fibs

FX:AUDUSD   Australian Dollar/U.S. Dollar
A potential short entry at market.

Price action has reached a zone where 2 Fibonacci retracements are located. We have some structure in the orange box looking left. There is also bearish divergence on the RSI with overbought condition.

Maybe we can wait for a double top for more confirmation.....

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