AUDUSD short due to 4hr double top. Near end of 618 retracement

Penjualan

Dollar Australia / Dollar AS (FX:AUDUSD)

FX:AUDUSD Dollar Australia / Dollar AS

AUDUSD short AU PAIR prediction trade TA technical analysis double

audusd short au pair prediction trade ta technical analysis double

Not only do we have a double top in effect on the 4hr chart, but we are hitting resistance as well on the daily chart. The USDollar also looks like its hitting support on the 4hr, so i'm looking for a rally there to confirm the drop on AU. The 618 fibonacci buy retracement on the 4hr also looks like its coming to an end. AKA our 5th leg of Elliot Wave.

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