FX:AUDUSD   Australian Dollar/U.S. Dollar
72 3 5
We have had a pin bar rejection from the 100MA which coincides with the descending trend line . Also we have a lower high below the high in April.

The RSI 2 is overbought.

On the daily we see a divergence on the MACD over the last few weeks.

Also, price closed below the 500ma on the daily.
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hello iam following urtrade ideas i taken short now what happens?
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If you look at the chart my trade hasn't triggered yet. I am waiting for a clean break below last week's low.

Never follow a trade you don't understand. You will only lose money!



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