Because AUD/USD formed a Head and Shoulders pattern, we expect it to touch the support line. If it breaks through support it may move much lower

AUD/USD approaching support of a Head and Shoulders
AUD/USD is heading towards the support line of a Head and Shoulders. If this movement continues, the price of AUD/USD could test 0.6399 within the next 2 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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