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EliteTradingSignals
Jun 9, 2023 9:46 AM

AUD/USD SELLERS WILL DOMINATE THE MARKET|SHORT Short

Australian Dollar/U.S. DollarFXCM

Description


Hello,Friends!

We are going short on the AUD/USD with the target of 0.656 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Comments
UnitedSignals
Thank you for the detailed review.
EliteTradingSignals
What are your thoughts on AUD/USD?
ibrar550
@EliteTradingSignals fundamentals support upside to 0.6800 don't think this will happen as you can see current price action
VasilyTrader
Good market breakdown!
JoeChampion
Good job, i love the RR there1
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