AUDUSD FLAG BREAKOUT AND RETEST Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 12, 2019 8:35 AM

AUDUSD will likely follow it's downtrend.
We can see a double top (1h timeframe) after the breakout @ 0.618 fib. retracement. Target 1 at previous local support and target 2 @ 1.618 fib. extension.