AUD/USD – Inverse Head & Shoulders Breakout on 4H

On the 4-hour chart, AUD/USD has broken through the neckline of an inverse head and shoulders pattern. The first target is the initial resistance level, with the potential to reach a second resistance.
Trading Scenarios:

1. Long: Take advantage of the breakout to target the first resistance.

2. Short: At the second resistance, consider reducing positions or opening a short if the price shows signs of reversal.