AUD/USD outlook
Hi Traders,
The prediction on this pair is move down. Will be watching to scalp moves down and also watching for price action and clues if plan changes
1) We have potential Cypher forming.
2) brake of different trend lines
3) RSI is oversold but we know that bounce from 50 SMA can create a nice spike down, or overbought case (or we can just lay flat on the floor )))))
4) Daily RSI is overbought.
Hope this make sense and helps anyone up there =)
The prediction on this pair is move down. Will be watching to scalp moves down and also watching for price action and clues if plan changes
1) We have potential Cypher forming.
2) brake of different trend lines
3) RSI is oversold but we know that bounce from 50 SMA can create a nice spike down, or overbought case (or we can just lay flat on the floor )))))
4) Daily RSI is overbought.
Hope this make sense and helps anyone up there =)
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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.