Double top formed at 1.0315, hanging man is found on every timeframe, though still in progress on daily charts. Stochastics overbought on most timeframes, and reaching those levels on daily. A bearish candle would confirm a reversal, and a break below the trendline spells a long fall for the Aussie
A break above the resistance line would confirm a continuation of the current trend
A break above the resistance line would confirm a continuation of the current trend
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.