EUR/AUD: SHORT from Pullaback on Resistances and Double TOP SELL

5 Sep 2022

EUR/AUD it's inside a Bearish channel where the price after a Pullback on the upside on the resistances confluences of the Trendline and the upper side of the channel plus the 61.8% Fibo and the 100 Moving average, today these clues with the indication of the Stochastic who see a divergence in the overbought area and the RSI turned bearish let's think for a new Push down in the direction of the main trend, bearish one. In this situation let's think of a Double TOP on this area in accord with the view for the RSI indicator pattern.