price is retracing into the key 61.8% retracement zone, forming its right shoulder as a head and shoulder reversal pattern, the previous day we created pin bar as the price is currently trading at yearly lows, we could expect some of form of momentum picked up towards the highs.. attention will be towards FED announcement, a dovish sentiment could boost momentum for AUD
risk-reward is great as usual 1:2 ratio
risk-reward is great as usual 1:2 ratio