AW2729
Short

AUD USD Short opportunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
28 views
0
28 0
- Fibonacci retracement shows a clear respect of the 50% retracement level and means a possible short to the 38.20% level.
- RSI shows that price is overbought (above 70.)
- A bearish evening star candle formation supports the possibility of a sell

A safe move would be SL at 79.000 above the 61.80% resistance and TP at 0.77400. Simple analysis but with many confluences.

-Good luck
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out