Hello Traders
In last few days, looks like AUD/USD is out of fuel and has no more strength to go upward anymore.
We believe AUD/USD is going to correct because:
-RSI Trendline has been broken and we can clearly see a RD-.
-Despite of big rally, volume has been decreased(another Divergence).
-Price already hit Mid term downward trendline and made a double top.
-Also price has broke down Short term trendline.
Thanks for Reading
Team Fortuna
-RC
In last few days, looks like AUD/USD is out of fuel and has no more strength to go upward anymore.
We believe AUD/USD is going to correct because:
-RSI Trendline has been broken and we can clearly see a RD-.
-Despite of big rally, volume has been decreased(another Divergence).
-Price already hit Mid term downward trendline and made a double top.
-Also price has broke down Short term trendline.
Thanks for Reading
Team Fortuna
-RC