FX:AUDUSD Australian Dollar/U.S. Dollar
Oct's range was around 70-74c. Nov we stayed within that range. Start of Dec (4th) we tested the upper limit and created a double top.
It wasn't until the start of 2016 that we broke out of Oct's range when it headed south below 70c. Spring response with a retracement to 50% of Oct's range and made its way back to 72c. My prediction is we roll over, head below Jan's low and break 68c.
Eye's on lower time frame to place short entry.