AUDUSD is now forming an inverted Head and Shoulders pattern on the Daily time frame.
I am looking for buys from around 0.65000. As price approaches my level I will move down to lover time frames to look at price action.
I am looking for buys from around 0.65000. As price approaches my level I will move down to lover time frames to look at price action.
Note
AUDUSD is looking strong towards the downside. I will be looking at 0.64600 now. I will have to see bullish price action on the 4hr/1hr timeframes before i place a buy trade
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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.