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CharlieD98
May 18, 2020 6:36 PM

AUDUSD - Potential short Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD has broken out of a channel but remained high. I think this could have the potential to form a triple top before falling again. My target would be the 1.618 level of the fib. I will be setting up pending short orders for the triple top area. The MACD is also showing the bulls tiring. One to keep an eye on...
Comments
Chipokolo
My analysis was very similar. Totally agree with you!!
CharlieD98
@Chipokolo, thanks for having a look and commenting
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