AUD/NZD : 

A Head and Shoulder pattern formation has been seen in the currency pair and it is one of the best reversal patterns where pullback and throwbacks are seen.

Recently the currency pair has given a breakout and is trading below the neckline.

As the currency pair is trading below the neckline we can sell the pair with a given SL (red line).

A golden crossover can be seen on the daily chart.

RSI Upper Band has been shifted to 60 and the lower band to 20 as we are assuming its a trend change.

Sell

Jul 16 2021

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