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jahhlee

AUDUSD Right Shoulder falls into a Descending Channel

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
jahhlee Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns
5
1
trendanalysis chartpattern
You can see two things looking at this chart, a head and shoulders pattern and a descending channel. Once AU breaks out of the bottom of the channel and breaks the head and shoulders neck line, it will be a great time to get into a short position.

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