We have an analysis of the AUDUSD H1 chart.

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This Analysis is Based On Price Action Theory.

This analysis indicates that the price is moving in an ascending channel with multiple pullbacks & bouncebacks. We found an inverted head & shoulders pattern during this analysis.

Both shoulders & head have already been completed & the price is moving toward the nickel line. If the price breaks the neckline, we have a target for the upside near 0.68344. However, if the price fails to break the neckline then we have two target prices near the downside, 0.66712 & 0.65849
הערה
As per head & Shoulder Rule structure have been completed.

כתב ויתור

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