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AUDUSD Channel - 50 Pips

Channel Chart Pattern has formed at the AUD\USD pair - 48 pips in size. Lately, price seems to be losing momentum, about to break the support level of the channel. The channel was formed near strong resistance at 0.8800 which is a strong round level with high potential of stopping the uptrend.

Trading:
Enter Short at breakout of Support and pullback to the level. Target is 48 pips from the Support level.

USDCHF Double Bottom

AUDJPY Reversal Chart Pattern

Reversal Chart Pattern

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