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SHORT for AUDUSD Double Top

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Keyfx  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Trend Analysis keyfx AUDUSD short Double Top Forex
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chartpattern trendanalysis keyfx audusd short doubletop forex
AUDUSD We spotted a rejection twice on the 0.7450-0.7480 range (H1 and H4) thus, forming a Double Top Pattern. AUDUSD is expected to go south soon for about 35-40 pips from the current price. The Entry, Target Profit, Stop Loss are as follow:

Entry Level (Now): 0.79350
Target Profit 1: 0.78950
Target Profit 2: 0.78300
Stop Loss: 0.7965

Hopefully, AUDUSD will reach its expected target soon.

Good Luck with your Trading!

Cheers,

KeyFx
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