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HandraCapital

AUDUSD Double Top. Next week will be a critical week.

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
HandraCapital Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Trend Analysis
5
0
chartpattern trendanalysis
-Watch out for the break of neckline. Once the neckline break with HIGH volume, this pair will be remained under pressure for weeks to come.
-TP:0.76019 SL:0.79523
-Another possible scenerio is that this pair will be trading in 0.78299-0.8 Range for some time.
Trade active:
Going down slowly.
Comment:
Neckline broken with increasing volume. EMA shows bearish cross over. We are BEARISH on this. Possibly turning into an DOWNTREND soon.
Trade active
Comment:
Reaching target soon.
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