Dollar Australia / Dollar New Zealand

AUDNZD Head and Shoulders

Diupdate

AUDNZD H&S formed on daily chart, if break the neckline could potentially see good downside towards previous swing low.

R:R is pretty good

Komentar

Seems like Sell Stop is not hit, which prevented us from entering into any trade.

Lower ascending trendline is still respected, however the long tailed inverted hammer looks quite bearish. we shall wait for more confirmation

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