AUDUSD head and shoulder for a break lower
AUDUSD seems to be broken below key neckline and on the way to test the key uptrend support around 0.7580 - 0.7600 area next week. Sit tight and good luck trading!
Note
watching closely how market close today as if price close back above the broken neckline area, it will negate the bearishness of the downmove to some degree. Perhaps next week will have more clarity for AUDUSD.
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.