Head and shoulders: The AUD/USD continues to retreat after a pullback failed to return above 1.05 during the 9/19 US trading session. The late 9/19 US session and the 9/20 Asian-session then saw the pair fall below the 1.04 handle, completing a head and shoulders pattern seen in the 4H chart. The neckline was pretty much the 200-4H-SMA given some elbow space. The 9/20 European session started a pullback, and the upcoming US trading session will now be faced with a completed topping pattern and the beginning of a pullback. Momentum: The 4H bullish momentum in September is threatened. If the RSI reading falls below ... (full story)