Hey Traders, I have entered a short position on AUD/USD strictly because I am seeing signs of this pair losing steam. We have not one, not two, but three rejections off the previous tops(1hr time frame). We have formed a bearish divergence on the 1 hr timeframe as well as on the 4hr time frame.
Entry: 0.69767
TP: 0.69212
SL: 0.69146