Possible formation of a head and shoulders pattern on the AUDNZD on weekly chart. Buying momentum decrease in lower time frames confirming resistance. Wait for proper sell signal on weekly to enter trade.
Trade active
Right shoulder confirmed by bearish momentum on the lower time frames.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.