Olu
Short

AudUsd: Breakdown And Retest?

FX:AUDUSD   Australian Dollar / U.S. Dollar
66 0 5
Price broke down but has since turned tail and gone back up. Price is now attacking the extended breakdown line and there is a possibility that it could turn down here. Of course it could keep on going but I will sell weakness as this 'breakdown and retest' scenario is very common.
Comment: Fantastic reversal...
Comment: 0.7500 support reached today. A bounce is currently happening...
Comment: head and shoulder is in play. Looking lower...
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