PHOENIXFX4

SELL SIGNAL FOR AUDUSD

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Looking from the perspective of market structure price has to break its support from 0.65140 since it formed a recent lower high for the bears. things could change and turn into an opportunity for the bulls when its resistance is broken ( 0.65466), then it will keep moving in that direction until it reaches its second resistance of 0.65673. Still with hope, when the support gets broken by the bears price will be capable of hitting take profit of (0.64301). Therefore selling AUDUSD at the moment is not advisable from the 3hr chart until the price heads for its support or resistance. .
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