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Australian Dollar / U.S. Dollar
Long

AUDUSD

By D_FX
Updated
Bullish divergence on the 4 hr with RSI levels well oversold. Support zone on the daily just below shown in grey. At or near support currently on lower time frames
Trade active
Dipped a little after posting, but a bounce has began. For a smaller scalp look for .69650 (ish) and then look for continuation. RSI levels were really beating up on most time frames earlier. Weekly, Daily, and 4 hr are still currently oversold
Note
AUD has broken down, watching to see if it holds the daily or weekly support levels a this point and will trade from there.
Trade closed manually
audusdlongFundamental AnalysisSupport and Resistance
D_FX

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