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TheHonorableCnote

AUDUSD short due to 4hr double top. Near end of 618 retracement

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
TheHonorableCnote  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD short AU PAIR prediction trade TA technical analysis double
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audusd short au pair prediction trade ta technical analysis double
Not only do we have a double top in effect on the 4hr chart, but we are hitting resistance as well on the daily chart. The USDollar also looks like its hitting support on the 4hr, so i'm looking for a rally there to confirm the drop on AU. The 618 fibonacci buy retracement on the 4hr also looks like its coming to an end. AKA our 5th leg of Elliot Wave.
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