AUDJPY Jan 19, 2020

2020-01-19 07:04:59

Head and shoulder pattern + Touch on trendline
Spotted the head and shoulder pattern on the daily chart. On the same time, we can spot a touch and a rejection on the trendline (the red wick). This may mean that we have to short the AUD as it indicates that there will be a downward movement.

First analysis hope it is okay, open to constructive criticism!:)