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FullTimeTrader

AUDUSD-potential inverse head and shoulders near 0.7000

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
FullTimeTrader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
39
13
Hello, this pair is making a nice retracement to the 0.7000 level.
After a long term downtrend price made its first higher high (convergence).
Yesterday after bad China news we had and ideal deep pullback near 0.7000
A potential inverse head and shoulders is forming.
Regards.
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