The AUD is has shown sign of weakness after its rally in 1h TF. First formation of bearish divergence accompanied by head and shoulder reversal pattern indicate that it might be ready to move down.
Entry can be taken at break of neckline with SL above the head.
Entry can be taken at break of neckline with SL above the head.
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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.