I draw inverse head and shoulders pattern on 4h NZDUSD chart..


There are two possible long entries, one more risky (1) and other more conservative (2). We need to be pay attention also on resistance at 0.6570, since price could easily respect that resistance and head back down.

Overall we are still fundamentally bearish on AUD currency, regarding strong link to China low production and also China currency devaluation.

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