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Ometrading

DECELERATION+RSI DIVERGENCE= TIME FOR CORRECTION

Short
Euro / Australian Dollar (OANDA:EURAUD)  
Ometrading Updated   
OANDA:EURAUD   Euro / Australian Dollar
Trend Analysis Wave Analysis EURAUD EUR USD wave Bearish Patterns pips
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trendanalysis waveanalysis euraud eur usd wave bearish pips
Price was showing a clear deceleration on the price. Also, RSI divergences has formed on 1h-4H frames. Bullish TL has been broken, so we can expect a bearish movement till the daily support.
Comment:
Price next to hit first target(38.2 fibonacci retracement)
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