forexjunkie33

Bearish Head & Shoulders Pattern On The EUR/AUD 1Hr Chart

Short
FX:EURAUD   Euro / Australian Dollar
3
We have recently broke the neckline of this head & shoulders pattern and are now waiting for the retracement back up into the neckline giving us the chance to get short.

Entry is at 1.4057
Stop Loss is at 1.4130
Target 1 is at 1.3910
Target 2 is at 1.3755

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