AUDUSD Back To Top, Watch For Sell

Updated


Hi traders:

Last forecast on AUDUSD was able to pushed down the price to the previous lows, but didn't continue down further.

After some corrective price action, the price moved up to the top again.

We see a lower time frame double tops, and an ascending structure, looks clean for a possible bearish reversal again.

Watch for price to commit to the downside with a bearish impulse, follow by continuation before entering.

Thank you
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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge

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