AUDUSD on 1hr chart Looks like a right shoulder being formed
As I see this, it’s possible inverse H&S pattern for a potential further upside.
The first test for the buyers is this neckline at 0.779 which they have already tested. If they manage A breakout could pave and confirm the way for an inverse H&S pattern.
Good luck.
As I see this, it’s possible inverse H&S pattern for a potential further upside.
The first test for the buyers is this neckline at 0.779 which they have already tested. If they manage A breakout could pave and confirm the way for an inverse H&S pattern.
Good luck.
