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AU Reversal Points to Potential USD Weakness

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AUDUSD has completed what looks to be a Breakout and, just this morning, a Retest of the Breakout of the Inverse Head and Shoulders Pattern!

An Inverse Head and Shoulders Pattern is a Bullish Reversal Pattern that suggest Bulls have taken over the pair and price will be looking to move to the upside.

Now as long as the "Neckline" of Resistance of the Pattern remains strong and holds price as Support, we could see AUDUSD make a move up to the next Resistance Area!
Novi_Fibonacci
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AUDUSDbreakoutandretestBullish PatternsChart PatternsForexTechnical IndicatorsInverse Head and ShouldersreversalTrend Analysis

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AUDUSDbreakoutandretestBullish PatternsChart PatternsForexTechnical IndicatorsInverse Head and ShouldersreversalTrend Analysis
Novi_Fibonacci
Mod
For All Things Currency,
Keep It Current,
With Novi Fibonacci!

~~~~

Join me in Patterns To Profits on Discord
- Live pattern breakdowns
- No signal selling / - No Guru Hype
- Just structure and probability
- discord.gg/zKWvwJgFq
更多:

相关出版物

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。