AUDUSD Bearish Continuation
Price has not yet reached price target following the double top. Recent false break out of the price channel and pin bar forming on the daily chart signals renewed sell signal following recent price strength to top of the channel.
T1= Price Channel support
T2 = Final price target fulfilling projection from double top
T1= Price Channel support
T2 = Final price target fulfilling projection from double top
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.