AUDUSD Targeting Double Top Resistance

Hi Traders!

AUDUSD looks bullish as it targets the double top resistance on the 4H chart.

Here are the details:

Since breaking and closing above the 20 EMA, the price action has been aggressively bullish, and the market is now in an ascending price channel and is near the double top resistance at 0.65430.

The plan here is to buy market dips at retracement levels to target 0.65430.

Preferred Direction: Buy

Resistance: 0.65430
Support 1: 0.64804
Support 2: 0.64428

Technical Indicators: 20 EMA

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Trade safely and responsibly.

BluetonaFX