Bearish AUDUSD for Jun 12, 2020
Divergence spotted on 30 time frame, supported by a H&S (which has also another H&S hidden in the head).
Furthermore in the D time frame, (despite the long term trend is upward,) the swing low phrase has just started.
I would expect bearish to last till the end of the week. Neutral for first half of next week, bullish long-term.
Furthermore in the D time frame, (despite the long term trend is upward,) the swing low phrase has just started.
I would expect bearish to last till the end of the week. Neutral for first half of next week, bullish long-term.
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