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Australian Dollar / U.S. Dollar
Short

AUDUSD Double Top. Next week will be a critical week.

By HandraCapital
Updated
-Watch out for the break of neckline. Once the neckline break with HIGH volume, this pair will be remained under pressure for weeks to come.
-TP:0.76019 SL:0.79523
-Another possible scenerio is that this pair will be trading in 0.78299-0.8 Range for some time.
Trade active
Going down slowly.
Comment
Neckline broken with increasing volume. EMA shows bearish cross over. We are BEARISH on this. Possibly turning into an DOWNTREND soon.
Trade active
Comment
Reaching target soon.
Chart PatternsTrend Analysis

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