AUDJPY HEAD AND SHOULDER PATTERN

2020-01-13 16:43:44

The current trend is an uptrend BUT The daily timeframe shows a HEAD AND SHOULDER PATTERN FORMATION. It's currently forming the right shoulder. A possible reversal to the 74.500 to 7.44 area. If a daily close below that zone happens then it is a full confirmation of the reversal of the trend. Ride it down to the 73.00 area.
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