HEAD AND SHOULDERS PATTERN
- Rises to a peak and subsequently declines.
- Then, the price rises above the former peak and again declines.
- And finally, rises again, but not to the second peak, and declines once more.
The first and third peaks are shoulders, and the second peak forms the head.
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The risk of the value of an investment changing due to changes in currency exchange rates.
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|08:00||Wholesale Price Index||Aug|
|10:00||Quarterly Unemployment Rate||2 quarter|
|20:00||Federal Budget Balance||Aug|
|02:00||RBA Assistant Governor Luci Ellis Speaks|
|03:30||House Price Index||2 quarter|
|03:30||NAB Business Confidence||Aug|
|04:45||RBA Governor Philip Lowe Speaks|
|08:00||Claimant Count Change||Aug|