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$AUDUSD Head & Shoulders Signals Top - Sell The Neckline

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Dollar Australia / Dollar AS (FX:AUDUSD)  
FXTechs  
FX:AUDUSD   Dollar Australia / Dollar AS
USD (US Dollar) aud RBA fed USD stevens minutes Head and Shoulders Bearish Patterns
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usd-us-dollar aud rba fed usd stevens minutes headandshoulders bearish
$AUDUSD Despite gapping higher on further Chinese stimulus, bulls were unable to take out the head of a Head & Shoulders topping pattern and the neckline was broken late Monday. Pair declined steadily Tuesday on back of a dovish speech from Governor Stevens and RBA minutes. Pair is currently pulling back from the lows and traders will be looking to short the neckline against the right shoulder/Monday's high.

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