AUDUSD 4HR bearish channel with RSI divergence
AUDUSD as less resistance to the down side. Potential 4HR bounce of strong downward trendline. There is also a potential divergence on the RSI. Price action making Higher highs, conversely RSI lower highs.
Note
Entry reached and trade it looking good.Note
I would consider closing here at break-even. Loss of momentum
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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.