AUDUSD looking to resume longer term down trend

FX:AUDUSD   Australian Dollar / U.S. Dollar
31 0
A nice recovery over the past few days has things looking bullish on shorter charts, but there is a strong case when moving to higher time frames for a resumption of the longer term downtrend around these levels. This could confirm through a developing head and shoulder pattern if we see a resumption around this level.
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