AUDUSD ShortTerm Bearish

Theo Corbeau_FX
AUDUSD created a double top, Breaks an opposing H1 Demand Zone and now it's time to take the retracement. The price could reverse there since there are a lot of momentum to the downside. However, it could go as high as the supply zone around the 0.705 Retracement (Bullish Divergence on the RSI @ the m15 double bottom). I don't expect the price to remain bearish on AUDUSD for a long time.
Supply and DemandSupport and ResistanceTrend Analysis

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