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Australian Dollar / U.S. Dollar

AUDUSD PRICE ACTION TRADING DOUBLE TOP

By TradeChartPatternsLikeThePros
Updated
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
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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 snapshot
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Chart PatternsDouble BottomDouble TopDouble Top or BottomRectanglerectanglechanneltradechartpatternslikethepros
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