SubTh3ory
Long

AUDNZD may be supported by 1.0880 to complete Inverse H&S

FX:AUDNZD   Australian Dollar/New Zealand Dollar
AUDNZD             has been shaping up an Inverse Head and Shoulders patter on the Weekly chart. The pattern is not yet complete but we still have potential LONG opportunity ahead.
Price has broken structure resistance of 1.0880 and looks like it may be making an attempt to retest as support. If that happens, this could leave a nice Price Action signal for Buyers.

nice chart!
+1 Reply
nice one bud, am looking for a bullish engulfing or a stong enough confluence to go long on this one. will add to my watchlist (:
+1 Reply
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