AUDUSD Bearish reversal from the top
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Hello traders:
Looking at AUDUSD for potential reversal price action.
We have see price is in its corrective phrase since early November, moving up within this parallel channel structure.
Now that price has made its way to the top now, and potentially showing us some bearish momentum on the lower time frame.
Similar approach like NZDUSD would be to look for continuation correction on the LTF, or a double tops if price pushed up one more time then look for reversal from the tops.
Thank you
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