We have seen price rally very impulsively to daily resistance zone, which could be very good zone to go short with small risk.
Overbought rsi indicates reversal.
There will be Aud news in 2 hours, so keeping stops just above recent high is recommended.
Overbought rsi indicates reversal.
There will be Aud news in 2 hours, so keeping stops just above recent high is recommended.
Note
Tp1 HitTrade closed manually
Feels like it find some support
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.