AUDUSD - Bearish Trend
Price moving in bullish trend has formed Head & Shoulders reversal pattern.
As the price crosses down neckine at 0.67343, sellers will be dominant.
Also, bearish divergence alongwith Head & Shoulders further indicate Bearish trend ahead.
As the price crosses down neckine at 0.67343, sellers will be dominant.
Also, bearish divergence alongwith Head & Shoulders further indicate Bearish trend ahead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.