WaveSavvyTrades

AUDUSD APPROACHING RESISTANCE (WAVE ANALYSIS)

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OANDA:AUDUSD   Australiensisk dollar/USA-dollar
Following October 2022 low, this symbol has been on the move up to completing a five wave formation which could possibly turn around at the August 2022 high (resistance). Further there is significant RSI divergence between November 2022 high (wave 3) and current price. With this, there could be a high probability that the resistance may hold and price may turn around. Follow the arrows for possible take profit points.

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