AUD/USD Set to Complete Topping Pattern?
AUD/USD broke below the long-standing 0.7664-91 support zone, seemingly opening the door for a run at the neckline of a large Head and Shoulders topping pattern (0.7564). A daily close below that would imply a measured move lower toward the 0.71 figure. A notable hurdle is eyed near the 0.74 mark along the way.
Related publications
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.