TradingView
Antonio_trader
Jul 31, 2019 1:51 PM

AUDUSD inverse head and shoulders 

Australian Dollar/U.S. DollarFXCM

Description

Price at support level spiked up on positive Australian CPI. Now could be forming an inverse head and shoulders pattern. Divergence on indicators. Today's FED meeting should cut rates and weaken dollar (as Trump wants). This could be the trigger as the neckline breaks to go long. Good Luck!
More