AUDUSD short
AUDUSD exhibits a classic head and shoulders pattern, suggesting a trend reversal. Consider entering a short position upon a confirmed breakout below the pattern's neckline. and set a stop-loss above the shoulder point to manage risk. Target potential resistance levels for profit-taking.
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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.