AUDUSD, 4hours chart, short idea
Reason
1. %R below -50
2. RSI is not oversold
3. MACD is DEADCROSS.
I think AUDUSD can go down further.
First Targt 0.7535(Fibo 1.272)
Second 0.7509(Fibo 1.618)
Reason
1. %R below -50
2. RSI is not oversold
3. MACD is DEADCROSS.
I think AUDUSD can go down further.
First Targt 0.7535(Fibo 1.272)
Second 0.7509(Fibo 1.618)