akyong
Short

EURAUD: Double Top

FX:EURAUD   Euro Fx/Australian Dollar
121 0 1
Current Sentiment: Bearish

Price is currently still in the consolidation zone and it has put a nice rejection off the resistance structure once again last week, forming a double top setup. There is currently a potential to trade the price back down to the previous lower trend line.

I would love to hear your opinion, feel free to comment, agree or disagree.

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KY
Chief Currency Strategist
Alpha Play Forex Trading School - www.alphaplay.com.sg
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