Potential head and shoulders pattern
AUDUSD has rebounded in the short-term, and the resistance in the 0.717-0.719 area can be paid attention to above. If the resistance falls back after rebounding from this area, the market is expected to form a potential head and shoulders pattern.
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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.