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HandraCapital
Sep 30, 2017 5:03 PM

AUDUSD Double Top. Next week will be a critical week. Short

Australian Dollar/U.S. DollarFXCM

Description

-Watch out for the break of neckline. Once the neckline break with HIGH volume, this pair will be remained under pressure for weeks to come.
-TP:0.76019 SL:0.79523
-Another possible scenerio is that this pair will be trading in 0.78299-0.8 Range for some time.

Trade active

Going down slowly.

Comment

Neckline broken with increasing volume. EMA shows bearish cross over. We are BEARISH on this. Possibly turning into an DOWNTREND soon.

Trade active

Comment

Reaching target soon.
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