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AUDUSD: Trading Oversold Market

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potential counter-trend trade on AUDUSD.

rejection candle and lower high leaves clear clues that the market is currently oversold
and pullback is needed.

on our focus is 0.6765 structure resistance.
if bulls break above it, I will buy the pair expecting a continuation to higher structure levels.

Targets: 0.6779 & 0.68
audAUDUSDaustraliandollarChart PatternsCurrenciesdollarForexTechnical IndicatorsTechnical AnalysistradingTrend AnalysisUSD
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