AUDUSD: Top-Down Analysis & Bearish Outlook Explained 🇦🇺🇺🇸
Updated
https://www.tradingview.com/x/KrpTD6oY/
Take a look at AUDUSD.
The pair is trading in a bearish trend.
The price sets new lower highs, respecting a falling trend line on a daily.
After its last test, the price formed a double top formation on that on an hourly time frame.
Its neckline breakout leaves a strong bearish intraday clue.
I expect a bearish movement to 0.6345 / 0.6335
❤️Please, support my work with like, thank you!❤️
Take a look at AUDUSD.
The pair is trading in a bearish trend.
The price sets new lower highs, respecting a falling trend line on a daily.
After its last test, the price formed a double top formation on that on an hourly time frame.
Its neckline breakout leaves a strong bearish intraday clue.
I expect a bearish movement to 0.6345 / 0.6335
❤️Please, support my work with like, thank you!❤️
Trade closed: target reached
What a move! What a trade!
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