AUDUSD Hit Dual Resistance

AUDUSD H4

AUD is coming down as fast as it went up after hitting channel + 200EMA resistance.


Channel's upper trendline and 200EMA comes almost at same level and price momentum was unable to break it up.



I missed out this short opportunity. I will be looking to establish new shorts in case any spikes towards channel happens. Stop will be above the upper horizontal area around 1.0365.