AWC, double top?

There’s a possibility that we might be witnessing a potential double top formation, especially with the heavy resistance around the 1.10 level. If the price struggles to break through this resistance, it could signal a reversal or a shift into a downtrend.

Double tops are often seen as a bearish pattern, but it’s important to watch how the price behaves around this level. A strong rejection at 1.10 could confirm the pattern, while a successful breakout might suggest a continuation of the uptrend. Patience is key here to see how it plays out.

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