Wolf

AUD/USD Head and Shoulders LONG

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
Head and Shoulder Pattern. The AUD/USD has several horinzontal support and resistance that had been respected. The price value has been on top of what it seems to be a breakout correction and an attempt to break the left shoulder, but with this failed attempt, it doesn't look like it has force to continue up.
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.