Get started
traderpulse

AUD/USD Technical analysis

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
traderpulse  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Head and Shoulders priceaction
0
0
trendanalysis chartpattern headandshoulders priceaction
The pair has formed a classic inverse head and shoulder formation in the hourly chart.
It broke the neckline and is currently consolidating just above it.
Hence we expect the apir to move to the resistance at 0.71205.
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.