AUDUSD: Correctional Bounce Likely

٥ ديسمبر ٢٠١٣

Update: closed at 0.9030, on NFP
Profit/loss=-15

This analysis is based on the overall view i posted earlier at tradingview.com/v/G05Ff4KK/
I am looking for a short term correctional bounce within the context of the bear channel, as price completed an hourly double bottom, while RSI momentum continues to show positive divergence