AUDUSD forming a butterfly pattern...

By JoeLopezFX
Updated
AUDUSD forming a butterfly pattern on the 4H time frame. Should reach 0.6800 by midweek and break through Resistance. This coming week is NFP week. AUD has several RED folder events as well. These events might change the direction of the market. Always trade with caution and use proper risk money management. Happy Trading!
Comment
RBA news had a negative impact on AUD. Might retrace back 0.6740 but could go all the way down to Resistance around 0.6690 and bounce back.
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