#AUDUSD 30min Short Opportunity (Structure retest, fib)

@TradeYodha
TradeYodha.com

AUDUSD Short Opportunity

1. 38.2 retracement level confluences with retest structure
2. FIB extension 161.8
3. 50 SMA in the region
4. RSI divergence showing a possible upside

There is a descending triangle formation which is usually bearish. So I have low level confidence in this trade.

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