AUDUSD seems to have completed Bearish Butterfly Pattern.
RSI is also indicating for the movement to continue downside, being in the Over-Bought scenario, which is confirming as well on the completion of Harmonic Pattern - Bearish Butterfly.
We favour Shorting AUDUSD, for targets 0.7050 zone.
RSI is also indicating for the movement to continue downside, being in the Over-Bought scenario, which is confirming as well on the completion of Harmonic Pattern - Bearish Butterfly.
We favour Shorting AUDUSD, for targets 0.7050 zone.
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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.