Looking at AUDUSD and we have a great trading set up.

AUDUSD is currently in a small weekly uptrend which I believe could be less significant as compared to the major downtrend. So I am expecting a break out of WEEKLY MINOR UPTREND before it continues its move to the downside.

We do have a head and shoulders pattern as shown in the analysis.

Let's see how it plays out.
Chart PatternsTrend Analysis

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