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TheForexHack

AUDUSD Bearish Signal on Monthly Chart

Short
Australian Dollar / U.S. Dollar (FOREXCOM:AUDUSD)  
TheForexHack  
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Candlestick Analysis Double Top or Bottom Trend Analysis forexhack theforexhack AUDUSD Bearish Patterns nakedtrading Double Top
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candlestick doubletoporbottom trendanalysis forexhack theforexhack audusd bearish nakedtrading doubletop
AUDUSD suggesting bearish momentum in the medium-term.
Double Top pattern performed on monthly chart, waiting for another confirmation the price moving downward to 0.70507
Recommended to place a sell stop at 0.70330 with risk/reward ratio 6.88

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