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Australian Dollar / U.S. Dollar

AUD/USD technical update: head and shoulders top; 0.668 next?

By Capitalcom
Broker
AUD/USD has formed a head and shoulders top pattern over the past month and half.

The daily RSI is pointing south, and the break below the neckline support at 0.684 yesterday now raises the prospect of a drop to the original low of 0.668.
AUDUSDaudusdanalysisaudusddailyaudusdforecastaudusdideaaudusdshortaudusdsignalChart PatternsHead and ShouldersOscillators
Capitalcom
Broker
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