With Stochastics oversold on the H1 and H2 charts together with RSI divergence, we will be looking to long AUDUSD if we can break above 0.79150 and get a good reason for entry.
Should price break down below 0.79000 then we will be looking for short opportunities at previous structure levels.
Should price break down below 0.79000 then we will be looking for short opportunities at previous structure levels.
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Disclaimer
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.