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AUDUSD > A Larger Correction Down Could Play Soon!!

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OANDA:AUDUSD   Dólar Australiano/Dólar Americano
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Analysis of #AUDUSD

Price trading in a big wedge and now reached the upper line of the pattern and I predict a move down from there, the recent action in the Relative Strength Index "RSI" indicates a larger correction in the price as the indicator falls back from the overbought territory and snaps the upward trend from earlier this year.



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Check today analysis below

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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only

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