The AUDUSD pair is rebounding after almost touching the 3-month Higher Lows trend-line and is about to break above the 0.618 Fibonacci retracement level.
Any long-term upside attempt is restricted by the presence of the Lower Highs trend-line, with the last sell signal coming above the 1D MA50.
As a result, we are waiting to sell this and target the Inner Lower Lows at 0.64150.
Pay close attention also to the 1D RSI's top Channel for a sell.
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Any long-term upside attempt is restricted by the presence of the Lower Highs trend-line, with the last sell signal coming above the 1D MA50.
As a result, we are waiting to sell this and target the Inner Lower Lows at 0.64150.
Pay close attention also to the 1D RSI's top Channel for a sell.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.