Head and Shoulder in AUDJPY
Head and Shoulder in AUDJPY daily time frame.
Neckline has already been broken and market is currently moving in a downtrend.
Currently market is retesting the neckline resistance.
Market is expected to be bearish for few upcoming trading sessions.
It may test the support levels of 86.000 on downside.
Major structural resistance will remain at the level of 95.500.
Neckline has already been broken and market is currently moving in a downtrend.
Currently market is retesting the neckline resistance.
Market is expected to be bearish for few upcoming trading sessions.
It may test the support levels of 86.000 on downside.
Major structural resistance will remain at the level of 95.500.
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