$AUDUSD

AUDUSD formed a head and shoulders pattern on the daily chart thus we expect the price to collapse down to a potential zone between .6000-.6100 or lower. Price invalidation of (R) shoulder @ .68 and above. I'm looking for shorts at the moment however due to the impact of GOLD to AUDUSD this might be invalidated depending on the news.
AUDUSDChart PatternsTrend Analysis

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