Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD decline

Potential decline in the AUDUSD in the coming weeks (up to 200 pips). Forming a H&S and potentially a bigger H&S. First target should be 38% retracement and then 50% (both also strong SR points).
Note
TP1 reached

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.