AUDUSD is facing multiple technical resistance at 0.7350-60 area. The top of the downward channel, the R1 Pivot, EMA 89 and 50% retracement level from last tops are making the continuation of the upmove difficult without prior retracement.
We will SELL at these levels, setting the stops above 0.7385, targeting 0.7315-20.
We will SELL at these levels, setting the stops above 0.7385, targeting 0.7315-20.