AUD/USD
The main trend of the pair is a down trend,
On a daily chart we can see that the pair has reached to a resistance area, around the level of 0.7450.
On an hour chart, against the latest move of the pair on the way to the resistance area, a bearish divergence develops and we are waiting for a bearish pattern to appear, which will carry out the divergence.
Also, the average of the RSI is at overbought level.
For Forex traders:
Sell between the levels of : 0.7450 – 0.7430.
Stop loss point : 0.7505.
Take profit point : 0.7100.
For Binary options traders:
A put option between the levels of : 0.7450 – 0.7430.
Expiry time : June 10.
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