AUDUSD GOING LONG

22 בינו׳ 2020

AUDUSD rejected 3 times on the trendline and on then formed an inverse head and shoulder pattern, went back up and broke through the downtrend trend line on the 4th attempt. It then came back, retested at the trend line after forming a head and shoulders but price is on a major support. I am expecting price to go long to the top of the head and shoulder pattern. It is a definite trend reversal, from a downtrend since 2018 to now an uptrend.

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