AU at last wave before new downtrend movement Short

Australian Dollar/U.S. DollarFXCM

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⋅ Feb 12, 2017 3:36 AM

What a bullish week for AU. However, I will look at short oppurtunity at AUDUSD next week coupled with several AU news release to continue down and complete the previous cycle.

TA: Head and Shoulder with price at key resistance level