🔸Hello traders, let's review the 3 hour chart for AUDUSD today. Speculative IHS in progress, expecting bulls to re-test overhead resistance before reversal. Currently getting overbought.
🔸Previously recommended buying near market, currently trade running at +80 pips. bulls should exit position soon near 6790/6830. expecting reversal from resistance.
🔸Recommended strategy AUDUSD: bears short from 6790/6840 stop loss fixed at 6900. TP1 bears is +120 pips TP2 bears +240 pips. Bears will target re-test of mirror S/R at 6600.
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