AUDUSD, Australian Dollar - US Dollar: Head & Shoulder?
AUDUSD
In AUDUSD there are sometimes very clear patterns that give us a statistical advantage over the years.
In this case the bearish trendline has broken and could consequently lead to a reversal of the trend.
It would seem that a bullish head and shoulders is forming, and if the Neckline is exceeded it would be interesting to enter Long, and therefore in favor of AUD against USD.
Let's wait and set the alerts.
Happy Trading to All!
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