Potential short trade AUDUSD 4HR

Potentially Bearish Divergence @ the 200 Moving Average. Price had previous completed a 3 wave correction followed by an impulsive move up with a small pull back, in which the impulsive move could continue up and find resistance at the 200 Moving Average along with a potential supply zone @ 0.72354/0.72226.

Alerts set @ 0.72265

Still Bullish for the mean time

Watch and Wait

Bear Trader.
200maresistancedivergencebearishTrend AnalysisWave Analysis

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