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claude2503
May 20, 2022 9:36 AM

AUDUSD 4HR bearish channel with RSI divergence  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD as less resistance to the down side. Potential 4HR bounce of strong downward trendline. There is also a potential divergence on the RSI. Price action making Higher highs, conversely RSI lower highs.

Comment

Entry reached and trade it looking good.

Comment

I would consider closing here at break-even. Loss of momentum
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