AUDUSD broke through the rising wedge and reach the target of 1.018 to perform a double top. Now the price is hovering around the resistance area. The resistance is at 1.023 and support at 1.0098.
If price break through the 1.023 , there is a possibility of the price reaching 1.04 or 1.05 of the inverse H&S target. However, be cautious if the rising wedge is break at the downside.
By The Backyard Burner
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