AUDCHF Further Confirmation of Bearish Movement: See Last Post

On AUDCHF we have further confirmations of bearish movement.

1. On 4H timeframe we have a break and retest of the neckline of a large head and shoulders pattern.
2. We have a clear descending channel after the break of the large head and shoulders pattern.
2. On 30M timeframe we have a smaller head and shoulders formed at the upper resistance that also shows a break and retest of the neckline.