FX:AUDUSD Australian Dollar/U.S. Dollar
Comment: 1 hour trend line broken to the downside
Comment: took the short position very early when price was as shown in the above chart
Comment: possible break down as shown in the chart above to resume downside
Comment: possible short entry
Comment: updated weekly view of the pair.
apart from head and shoulder... aud has another 2 patterns.. 4hr Double Bottom and Daily Double Top and neckline of double top is 0.7015.. and aud so far trading above neckline of double top and neckline of double bottom which is 0.6958... so in total 3 patterns.. and all are confirming bullish side for aud.. here is my view on aud for long time..