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AUD/USD technical update: head and shoulders top; 0.668 next?

Australian Dollar / U.S. Dollar (CAPITALCOM:AUDUSD)  
Capitalcom Broker  
CAPITALCOM:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns Head and Shoulders Oscillators AUDUSD audusdforecast audusdsignal audusdshort audusdanalysis audusddaily audusdidea
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chartpattern headandshoulders oscillator audusd audusdforecast audusdsignal audusdshort audusdanalysis audusddaily audusdidea
AUDUSD has formed a head and shoulders top pattern over the past month and half.

The daily RSI is pointing south, and the break below the neckline support at 0.684 yesterday now raises the prospect of a drop to the original low of 0.668.

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