AUDUSD has rejected the daily swing highs around 0.6880 suggesting price could retrace to the recent highs at 0.6810.
A daily close would be ideal in looking for a short opportunity however price has formed a double top pattern on the
1hr chart. We could see price retest the neckline as resistance for a short opportunity counter-trend.
A daily close would be ideal in looking for a short opportunity however price has formed a double top pattern on the
1hr chart. We could see price retest the neckline as resistance for a short opportunity counter-trend.
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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.