On the chart of AUDUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6559; the lower boundary 0.6544; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.6504 level. FX.co ★ AUDUSD H1: Double Top
Signal strength 4 of 5
AUDUSD H1: Double Top
On the chart of AUDUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.6559; the lower boundary 0.6544; the width of the pattern 15 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.6504 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade