AUD.USD 4H Short
Reasons for short:
1. Trend line resistance
2. Horizontal resistance
3. Previous upward move wasn't reinforced with an increase in volume
4. RSI divergence
1. Trend line resistance
2. Horizontal resistance
3. Previous upward move wasn't reinforced with an increase in volume
4. RSI divergence
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.