AUDNZD working a right shoulder
AUDNZD approaching a projected right shoulder, which if held,
sets up for at least a move back toward the projected neckline.
Consider the low established around 1.0730 within a short period
of time to be a significant indication that this pair could work its
way higher. If the right shoulder fails then this will set up for a
move back toward the lows established at 1.0470 which at the
moment appears to be a projected head in the reverse head and
shoulders formation
sets up for at least a move back toward the projected neckline.
Consider the low established around 1.0730 within a short period
of time to be a significant indication that this pair could work its
way higher. If the right shoulder fails then this will set up for a
move back toward the lows established at 1.0470 which at the
moment appears to be a projected head in the reverse head and
shoulders formation
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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.
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.