FX:AUDUSD   Australian Dollar / U.S. Dollar
150 0
AUDUSD for me is forming a inverse head and shoulder which is reversal pattern and due to recent Fundamentals regarding USD i can see how technicals are aligning with this.

we had a bearish wedge formation on AUDUSD in a downtrend which indicated price wanted to push higher. which it did and broke out and formed a nice bullish run to a resistance area .

im expecting to see price pull back and form a right shoulder at the 50% area

good risk reward

400 pip take profit

1-3.3 risk reward
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