Chart Of The Day: AUD/USD
Blake Morrow | Jan 04, 2021 06:50PM ET
Intraday, AUD/USD set up a double top (which is currently playing out), but the tweezer top daily candles and possible break below the .7630 level could expose a move back to the .7420 August highs.
Daily RSI is divergent, which is a stern warning for the bulls. We should also note the multi-year Fibonacci retracement (38.2%) is also at .7630 (not pictured).
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