Audusd downtrend
AUDUSD
The price perfectly fulfills my last idea. The market formed a double top and fell from resistance. The price broke through the resistance and pulled back at fell below. The resistacne zone was tested multiple time before. Like EURUSD the market formed a fake break of the resistance. I expect a pullback down from the resistance zone because the market trend is bearish and ascending channel is just a pullback against main trend. My target is 0.66265 support level .
The price perfectly fulfills my last idea. The market formed a double top and fell from resistance. The price broke through the resistance and pulled back at fell below. The resistacne zone was tested multiple time before. Like EURUSD the market formed a fake break of the resistance. I expect a pullback down from the resistance zone because the market trend is bearish and ascending channel is just a pullback against main trend. My target is 0.66265 support level .
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