tradeseek
Long

Aussie VS US Head and Shoulders, Bottom?

FX:AUDUSD   Australian Dollar / U.S. Dollar
285 0 0
Aussie dollar just had a head and shoulders top with a neckline break. My price target for this is around 89 cent (.97 top minus .93 neckline= a .4 drop from neckline). There is lots of support at the .88 level so I'm looking for a bounce from here and a nice rebound towards the .91855 resistance.
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