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FX.co ★ AUDUSD M5: Double Top

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Technical Analysis Patterns

2026-07-31T20:55:18
Signal strength 1 of 5

AUDUSD M5: Double Top

Double TopThe Double Top reversal pattern has formed on the AUDUSD M5 chart. Its upper boundary is at 0.7043, its lower boundary is at 0.7034, and its width is 9 points. A break below the lower boundary is likely to confirm further downward movement toward 0.7019.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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