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daniel44royalpurple

#AUDUSD - POTENTIAL HEAD AND SHOULDERS PATTERN!!!

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
daniel44royalpurple  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
WEEKLY TIMEFRAME - Price is trending below the 200 - EMA and has the potential to continue the trend further down.

DAILY TIMEFRAME - Price is currently in a weak consolidation, and is pressing against the top of the current weak consolidation zone. I am currently waiting for price to reach the stronger consolidation zone at the 0.74000 consolidation zone, pullback, and create lower lows.

snapshot
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