Audusd is good opportunity to Short based on Rising Wedge and confluence with Regular Divergence on Awesome Oscillator(AO) Short zone area (0.7600 - 0.7610) with tight stop loss 30pips.. and good rewards... What do you think guys?
Current Market Price in position of Right Shoulder.. Looks Like the price retest the broken trendline. I will Long UsdJpy Till Resistance (118.20) What do you think Guyz?
Reason: Breakout the trendline.. Look likes the price will retest at 1.0695 and go south till 1.06100 (Previous resistance)