AUDUSD continues to show a strong bullish run as shown in the mini-ascending channel that we have. On the flip side, we can already spot a bearish divergence in the 1hr TF so as a seller, we should anticipate a downtrend soon. I am looking to buy somewhere between 0.73 to 0.734 but have my stop at 0.735. Do your own research for key levels.
Here is the bearish divergence:
P.S. This is for educational purposes only.
Here is the bearish divergence:
P.S. This is for educational purposes only.