AUDUSD SELL THE TRENDLINE CONFLUENCE

٢٠ مايو ٢٠١٧

on the AUDUSD we have a high probability sell trade . This is an interesting price level as there is confluence between a falling trendline that has held since March this year and another trend line that has held firmly as support and resistance level since last year. RSI and Stochastic showing bearish divergence characteristics.

Verdict : Short at market
Happy Trading !!!