Analysis

AUD/USD pair continues on the path of forming a double top chart pattern [Video]

The AUD/USD pair continues on the path of forming a double top chart pattern on the daily time frame ahead of the RBA Sept. Rate Meeting Minutes during today’s Asian session. The neckline of this pattern is set at 23% Fibonacci level at 0.7830. During today’s London session, Euro-Zone ZEW Survey (Economic Sentiment) (SEP) will be out at 9 AM GMT to make a medium-term forecast about Germany's economic situation. Later during the New York session, the US import and export price index for the month of August will be out at 12:30 PM GMT. New Zealand’s Current Account Deficit-GDP Ratio (2Q) is scheduled for the next day’s Asian session at 10:45 PM GMT. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.

 


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