A Bullish H&S In The Making

FX:AUDUSD   Australian Dollar / U.S. Dollar
29 0 3
As I stated in my previous analysis, Aussie is in a massive support zone . Over recent weeks, this pair made a new low but recovered swiftly. This type of price action indicates diminishing bearish power. If this forming H&S pattern turns out to be true, I will favor a long till 0.8.

Good luck,

Ali             Sharifazadeh, CFTe
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