Whilst the 1352.0 triple top remains unbroken, the Head and Shoulders pattern remains valid with the neckline at 1335.50 and the target zone of 1316.25 - 1318.25. Given the close correlation between the ES, Aussie and Kiwi it is worthwhile watching all three for these patterns to either playout together or completely take off to the topside.
AudUsd 4 hourly chart - Two possible necklines to choose from, same result - 1.0428
NzdUsd 4 Hourly chart - much cleaner setup. 0.8096 Target.
1 comment:
Nice charts Bear
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