AUDUSD 4HR bearish channel with RSI divergence
Updated
AUDUSD as less resistance to the down side. Potential 4HR bounce of strong downward trendline. There is also a potential divergence on the RSI. Price action making Higher highs, conversely RSI lower highs.
Comment
Entry reached and trade it looking good.Comment
I would consider closing here at break-even. Loss of momentumDisclaimer
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