AUDUSD is trading a double top near the neckline breakout 0.65923.
Break and retest neckline breakout targets:
100% AB: 0.62907
150% AB: 0.61397
Break and retest neckline breakout targets:
100% AB: 0.62907
150% AB: 0.61397
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AUD/USD currency pair has formed a distinctive double top pattern, indicating a potential reversal in the price trend. As of now, the price has descended below the neckline level at 0.65923, confirming a breakout from this key support level Note
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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.