AUD/USD LONG
AUD/USD has been in a ascending channel, respecting both the green trend lines.
In the 4 Hour time frame I can see an inverted Head and Shoulder that has formed in the key resistance area. This indicates that the price will increase.
I expect the price to retest on the yellow resistance area, then continue its uptrend whilst respecting the the channel
.
In the 4 Hour time frame I can see an inverted Head and Shoulder that has formed in the key resistance area. This indicates that the price will increase.
I expect the price to retest on the yellow resistance area, then continue its uptrend whilst respecting the the channel
.
Trade closed: target reached
Target of 100pips reached!
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