EliteTradingSignals

AUD/USD SELLERS WILL DOMINATE THE MARKET|SHORT

Short
FX:AUDUSD   Dollar Australien/Dollar Américain
Hello,Friends!

We are going short on the AUD/USD with the target of 0.656 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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