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Inacio_1998
Jun 21, 2021 10:32 AM

AUDUSD OVERVIEW for the week commencing on 21st June 2021 

Australian Dollar/U.S. DollarFXCM

Description

Very strong bearish weekly closure

Daily Chart - Formation of a head and shoulders pattern, so expecting further bearish momentum, break of support level (neck line)

H4 Chart - initiated downtrend as it made a LH and LL.

30m Chart - Downtrend, waiting for pullback to finish to enter on shorts with the bears
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