AUDUSD Bullish short term, Before turning back down to the lows
AUDUSD has created a well defined Inverted Head & Shoulder pattern, looking for target at 0.7750
A longer term bearish channel with an overshoot at the lows supported this view to break the bear channel at the highs before trying to visit the low of the channel again
A longer term bearish channel with an overshoot at the lows supported this view to break the bear channel at the highs before trying to visit the low of the channel again
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.