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forexwithfred

AUD/NZD - Head & Shoulders Pattern

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
forexwithfred  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD audnzdshort audnzdsell reversalpattern Support and Resistance Technical Analysis
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trendanalysis chartpattern indicator audnzd audnzdshort audnzdsell reversalpattern supportandresistance technicalanalysis
Price has formed a left shoulder, head and now right shoulder

6-Month High Resistance Level has been rejected by price after small fakeout

Initial resistance has rejected price to push further, indicating strong reversal

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