Audusd Sell trend
Updated
On the upside, the AUD/USD should encounter initial resistance at the 200-day SMA of 0.6628 prior to the November top of 0.6687 (November 7), which is supported by the provisional 100-day SMA.
The four-hour chart shows a continuation of the negative trend. That said, initial support comes at 0.6479, followed by 0.6347. On the plus side, the immediate challenge is the 55-SMA at 0.6585, which comes before the 100-SMA 0.6597. The RSI dropped to around 28, entering the oversold zone.
Traders if you like this idea or if you have your own opinion kindly tell me in comments we will be glad 😊
The four-hour chart shows a continuation of the negative trend. That said, initial support comes at 0.6479, followed by 0.6347. On the plus side, the immediate challenge is the 55-SMA at 0.6585, which comes before the 100-SMA 0.6597. The RSI dropped to around 28, entering the oversold zone.
Traders if you like this idea or if you have your own opinion kindly tell me in comments we will be glad 😊
Trade active
Running in profit Note
Hold on guys Note
Will fall further 
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