AUDUSD OVERVIEW for the week commencing on 21st June 2021
Very strong bearish weekly closure
Daily Chart - Formation of a head and shoulders pattern, so expecting further bearish momentum, break of support level (neck line)
H4 Chart - initiated downtrend as it made a LH and LL.
30m Chart - Downtrend, waiting for pullback to finish to enter on shorts with the bears
Daily Chart - Formation of a head and shoulders pattern, so expecting further bearish momentum, break of support level (neck line)
H4 Chart - initiated downtrend as it made a LH and LL.
30m Chart - Downtrend, waiting for pullback to finish to enter on shorts with the bears
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