AUDUSD Short, Structure with a bearish Pinbar
As our retracement ends around the 0.5 and the 0.618 fib levels we restested previous support and put in two nice daily pinbars. Additionally the RSI is also hanging around the overbought condtion.
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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.