RoseAguilar

To confirm the previous AUDCAD chart using Inverse H&S

FX:AUDCAD   Australian Dollar/Canadian Dollar
24 0 1
This is what happened "next" following my previous post earlier today: a formation on an INVERSE Head and Shoulders pattern.
Clearly we see that after a downtrend, a middle head with 2 shoulders are formed. This may indicate again, an uptrend of this pair currency. I will choose a target TP at the same high as the Neckline to tip of the inverse Head (around 0.99634). BUT do not forget the coming NEWS at 2.30am that will affect AUD!!
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