Hello traders!
Greetings from US, California!
Let's analyze AUDUSD pair. I love this pair especially!
1. AUDUSD created good channel in H1 chart.
2. It tested upper level of this channel.
3. All ossillators show us potential downside movement.
- What am I thinking?
I think that, 35-45 pips downside movement is possible here.
Open SELL oder with current price. Put TP 40 pips and SL 30 pips.

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FibonacciPivot PointsSupport and Resistance

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