Todays Opportunities

Head and shoulders pattern formation on the Aud/Jpy on the 4hr chart that may be worth looking at.A break below the neck line may signal a bearish momentum towards 75.00.

Gold on the other hand is back is looking bearish after a bullish break from the 1683 area which has proved to be a strong support and resistance line all the way to the trend line.It has moved back into the bullish trend channel formed from the 27th of September.Will be watching today's price action  to see how it moves to make a decision on how to trade the precious metal.