AUD/USD:SELL from 0.6950 Resistance For A SHORT Setup

AUD/USD after 3 days of bullish rally the AUD seems to find resistance on level 0.6950 where the price it's started to converge for a retracement and possible pullback. The stochastic it's in the overbought area and our Idea is about a pullback around the area of 50% - 61.8% Fibonacci, this does not exclude the possibility for the price to may drop more.

Kommentera: