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AUDUSD APPROACHING RESISTANCE (WAVE ANALYSIS)

Short
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
WaveSavvyTrades  
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
Following October 2022 low, this symbol has been on the move up to completing a five wave formation which could possibly turn around at the August 2022 high (resistance). Further there is significant RSI divergence between November 2022 high (wave 3) and current price. With this, there could be a high probability that the resistance may hold and price may turn around. Follow the arrows for possible take profit points.
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