AUD/USD in the last session has a deep retracement where the dynamic trendline worked like a resistance for the price so yesterday we had a Bearish candle reject this resistance and put the price again below the 100 Moving Average. The stochastic showed a divergence and overbought level and the RSI Turned bearish already. This clues give as a Bearish sign for this pair.
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.