AUDUSD: Scalping Short 🇦🇺🇺🇸

Short

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)

Updated

OANDA:AUDUSD Australian Dollar / U.S. Dollar

Trend Lines Double Top or Bottom Wave Analysis Forex trading AUDUSD Technical Analysis

trendline doubletoporbottom waveanalysis forex trading audusd technicalanalysis

snapshot

AUDUSD reached a strong confluence zone yesterday.
The underlined area is based on a 4H horizontal resistance and a falling trend line of a falling channel.

The price formed a double top on that and broke and closed below its neckline.

Now I expect a local bearish movement.

Goals:
0.769
0.7655

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Comment:

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AUDNZD: Key Resistance Ahead! Your Plan: 🇦🇺🇳🇿

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