AUDUSD Head & Shoulders but don't sell until the Support breaks

The AUDUSD pair is forming a Head and Shoulders (H&S) pattern on the 1D time-frame, having also completed a Death Cross (1D MA50 crossing below the 1D MA200) three days ago. This is a technically bearish pattern. We will stay bullish however, targeting 0.71500 until Support 1 (0.65665) breaks. In that case we will target 0.64000.


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