AUDUSD looking down !

Hello,

After a short uptrend, AUDUSD reversed with a bearish divergence.

This divergence is corrected now, but the pair gained a bearish momentum. I expect a stronger reversal. (Short time EMA are about to cross)

For this trade we will use the previous high as a stop (if broken, it will mean the uptrend continues).

SELL : Now
BUY : Blue zone (0.695 level)
STOP : 0.716
Risk/reward : 3

Trade safe, manage your risks.

Trade attivo

Commento:

Next big steps are :
- Breaking 0.71 level
- Breaking 0.705

Trade chiuso: stop raggiunto:

Weak USD :)

Trade attivo:

Bulls are exhausted

Ordine annullato