FX:AUDUSD   Australian Dollar / U.S. Dollar
357 views
1
A classic double top reversal pattern - after trend line break , we tested the top and now we have a good looking bear reversal bar confirmed by a good looking trend bar.

I would expect at least two legged move here and testing MA as the first target. Stops around 1.0560 area, first target 1.0430

Comments

1.4000 also hit today
Reply
First target has been hit today, next target - 1.0400 - we will surely see some support near that level
Reply
Agreed.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out