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RatioForex
Feb 21, 2016 8:56 PM

AUDUSD Possible Inverted Head & Shoulders Pattern In Daily 

Australian Dollar/U.S. DollarFXCM

Description

FX:AUDUSD pair is developing a possible inverted head and shoulders in the daily time frame. To trade this pattern, first we need to see a break and close above 0.7200 resistance level. Then wait a pullback to the same level and identify a reversal A+ sign to enter a buy position with targets at 0.7355 - 0.7590.

To calculate your lots size for this trade, visit ratiofx.com/calculator/
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