AUDUSD - Potential short
AUDUSD has broken out of a channel but remained high. I think this could have the potential to form a triple top before falling again. My target would be the 1.618 level of the fib. I will be setting up pending short orders for the triple top area. The MACD is also showing the bulls tiring. One to keep an eye on...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.