Double Top on the Daily

2020-02-28 15:06:13

OANDA:GBPSGD

The pair formed a double top from the 1.8214 resistance level on the daily chart which was at its highest since May 2018.
The pair formed a dynamic resistance at the 50 EMA on the hourly chart and I'm expecting a pullback from the 1.7940 support level and will carry on its bear movement.
I'm expecting the pair to go down and test the 1.7823 support level before continuing the bear or start consolidating.