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NDOBObanks

AUDUSD Head and Shoulders Pattern Short

Short
Australian Dollar / U.S. Dollar (SAXO:AUDUSD)  
NDOBObanks Updated   
SAXO:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns headandshouldersformation headandshoulderbreakout audusdshort audusdforecast audusdsignal audusdanalysis audusdsell shortsetup sellsignal
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trendanalysis waveanalysis chartpattern headandshouldersformation headandshoulderbreakout audusdshort audusdforecast audusdsignal audusdanalysis audusdsell shortsetup sellsignal
We expect further downside on this pair, signalled by the head and shoulders pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
Trade active:
Price is moving along nicely. We might close early than expected due to our trading rules.
Trade closed: target reached:
Target smashed
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