Lingrid

Lingrid | AUDUSD double TOP at RESISTANCE zone

Short
FX:AUDUSD   Dollar Australien/Dollar Américain
At the primary resistance area, the market developed a double top. The bulls lack the strength necessary to overcome the resistance zone. Because the price is in the range zone on the 4H timeframe and the market keeps bouncing off the zone, the market will likely pullback as it approaches the key level of 0.68000. I expect a retest of the swing level after a fall from the resistance. A support level at 0.67260 is my target.


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