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AUDUSD > A Larger Correction Down Could Play Soon!!

Short
OANDA:AUDUSD   Dollaro australiano / Dollaro
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Analysis of #AUDUSD

Price trading in a big wedge and now reached the upper line of the pattern and I predict a move down from there, the recent action in the Relative Strength Index "RSI" indicates a larger correction in the price as the indicator falls back from the overbought territory and snaps the upward trend from earlier this year.



âš  Please note the ideas is valid only if it happened as I said above

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Check today analysis below

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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only

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