nonobeijing
Long

Bullish inverted Head and Shoulders

FX:AUDNZD   Australian Dollar/New Zealand Dollar
90 0 0
Neat downtrend.
Inverted H&S (please if you disagree let me know).
RSI and CVI             (Cumulative Volume Index ) both high at Head's peak and low on right shoulders:
Note: Since there is no volume , I looked at the CVI             , but I don't know anything about it....:(

The target (1.077) converges with the top of the downtrend (resistance).
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