AUDCHF SHORT

The market has been ranging between support and resistance since November. We are currently at the daily resistance level, anticipating a bearish movement. Analyzing the one-hour chart, a double top pattern is evident, and its neckline has been broken. Now, we're waiting for a retest of the neckline to enter.

Entry 0.58175
Stop loss 0.5875
Targets 0.5747 & 0.5736
Double Top or BottomSupport and Resistance

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