AUDUSD Forex Analysis - Double Top Pattern Targeting 0.6341
Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the AUDUSD daily and 15-minute charts.
Price has broken below the 0.6573 weekly support level confirming the double top pattern on the daily chart.
0.6562-73 the Central Pivot Point and weekly resistance area.
Watching for price to rally and fail at this intraday resistance area for a further decline in line with the double top pattern targeting 0.6341.
This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.