Double top and heads and shoulders formation on the daily chart Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Apr 24, 2017 1:00 PM

Without looking at the fundamentals, the AUDUSD pair has been trading in a range. I expect this to continue in the long term with a short at 0.76000 and a target of 0.7175 SL@ 0.76250

Trade active

⋅ Apr 27, 2017 6:28 AM

Moving nicely, following the predicted trend