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avisfx

AUDUSD: Retesting Head & Shoulders Neckline

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
avisfx Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Head and Shoulders AUDUSD Forex
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trendanalysis headandshoulders audusd forex
The AUDUSD pair has the potential to retest the resistance area at the price of 0.65550 to continue its decline. The formation of a Head & Shoulders pattern makes this point quite significant for price rebound.
Order cancelled:
Since the price did not reach our entry point, we have decided to cancel this trade and reassess it tomorrow when the price moves. You can look to another idea of mine. The latest one is EURJPY.
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