FX:AUDUSD   Dollar Australia / Dollar AS
0
AUDUSD took out the triple top after RBA as predicted. That is the reason why I dont like double or triple tops - they are just like magnets for the price as it is an obvious area for StopLosses. Though, I am pleased with the fact that the triple top got taken out, Im not really thrilled with the current situatsion as the Main Resistance on my chart didnt act as I hoped. Yes, the price got to that level and reversed, then came back again, broke it and reversed again. What I do not like is the fact that the price refuses to go down because I was hoping for a quick move lower from that area. Whatever happens in the end, I am watching this pair closely to figure out the possible scenarios.

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