I am looking for the double top here. Structure confirms resistance level in the .7616-.7833 area. RSI confirms buying pressure is valid. 1 week after RBA meeting news the market is not phased relative to the outcome of that meeting, so until further development I believe the consolidation trend is still intact and further downside is on the horizon.
In other news there are other factors at play and that leaves room for a potential cypher pattern to formulate, or a bat pattern completion to verify the aussie bulls to load up the Brinks trucks for a test of previous structure highs.
In other news there are other factors at play and that leaves room for a potential cypher pattern to formulate, or a bat pattern completion to verify the aussie bulls to load up the Brinks trucks for a test of previous structure highs.
