AUDUSD D setup

20 בנוב׳ 2018

AUDUSD has broken through the Daily bearish downtrend (a weekly downtrend, although, is still intact). On the 4H timeframe, it is forming a bearish diagonal, which may push it upwards to 0.738 area. RSI divergence however suggests it will test the previously resistance-now-turned-support trendline.