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EliteTradingSignals

AUD/USD SHORT FROM RESISTANCE

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Dólar Australiano/Dólar Americano (FX:AUDUSD)  
EliteTradingSignals  
FX:AUDUSD   Dólar Australiano/Dólar Americano
Trend Analysis Chart Patterns Wave Analysis AUDUSD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

AUD/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.651 area.

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