AUDUSD: Bearish Outlook For Next Week 🇦🇺🇺🇸
https://www.tradingview.com/x/JPLFJd3a/
AUDUSD broke and closed below a key daily structure support.
After its violation, the pair started to recover steadily within
a rising wedge pattern.
Retesting the broken structure, the price formed a double top pattern.
After that, the market violated both the neckline of a double top and a trend line
of a rising wedge, giving us a strong bearish confirmation.
We can expect a bearish movement on Monday.
Goals: 0.6537 / 0.652
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AUDUSD broke and closed below a key daily structure support.
After its violation, the pair started to recover steadily within
a rising wedge pattern.
Retesting the broken structure, the price formed a double top pattern.
After that, the market violated both the neckline of a double top and a trend line
of a rising wedge, giving us a strong bearish confirmation.
We can expect a bearish movement on Monday.
Goals: 0.6537 / 0.652
❤️Please, support my work with like, thank you!❤️
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