Gekko.uk

AUDUSD Head and Shoulders

Gekko.uk Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
10
I will remain neutral on this pattern since the FOMC is on Wednesday but more than likely will bounce on sunday opening and if DXY bulls push through the 100 handle, this pair will breakthrough the neckline of this pattern and dump heavily.
Trade active:
Sold after the neckline broke
Comment:
Target is 140 pips and stop loss is 45 pips
Trade closed manually:
Trade closed for B/E. AUD looks poised for a short term rally.
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