Double Top - Bearish Channel and Wedges Parttern
AUDUSD : Bearish in long term.
1. The price has finished retest neck line of double top parttern to go down follow down trend.
2. The price has still run inside bearish channel.
3. On Aug-10, the wedges parttern has broken.
If it come back to retest at level 0.73359 and then appear to bearish signal, daily chart closed below at this level. The seller may be bearish momentum continue in long term.
1. The price has finished retest neck line of double top parttern to go down follow down trend.
2. The price has still run inside bearish channel.
3. On Aug-10, the wedges parttern has broken.
If it come back to retest at level 0.73359 and then appear to bearish signal, daily chart closed below at this level. The seller may be bearish momentum continue in long term.
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