Dólar Australiano/Dólar Americano
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AUD/USD: Fake breakout on daily

Hi guys, AUDUSD is forming a promising setup on the daily chart.

The price made what looks like a fake breakout with a bearish pinbar candlestick near the 61.8% Fib level. The level also aligns with a horizontal and trendline resistance.

The RSI formed a bearish divergence in a pair that is overall in a healthy downtrend.

Let's see what today's NFP will give us, and bear in mind that a US-China trade truce or any positive news on that matter may support the Australian dollar.

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