AUDUSD has reached its channel top with RSI divergence in the 1H chart. The 0.7480-00 area can provide resistance as there lies September's high and previous tops,
We cautiously open short positions at current levels adding more at 0.7500. We will set our stops above 0.7530, targeting the 0.7440-50 area...
We cautiously open short positions at current levels adding more at 0.7500. We will set our stops above 0.7530, targeting the 0.7440-50 area...
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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.