AUDUSD - Medium term analysis - Long
- The price fails the break the top at the same time there is a very hard support zone under 0.7750/0.7730 but also very close
Under this zone the price create an bearish H&S and can fall down to 0.76/0765 - first short possibilities (high risk)
In any case under 0.765 the buyer should come back on the market, in this case the pice should be go up until the medium term target price 0,8
if the price will go down 0,76 could be inversion
Order cancelled:
the price has broke the rh top ...the pattern is not completed