Fxprotrader

AUDUSD Pending Bearish Cypher & Butterfly Pattern

FX:AUDUSD   Australian Dollar/U.S. Dollar
As we have mentioned in a previous post price has broken a corrective structure for a sell off. It's now coming back with an upmove and soon it may complete two bearish harmonics, a cypher and a butterfly which will probably push price down once again. Looking at previous structure we can see that at the level og ponit D of cypher price dropped massively.
If these patterns complete i will update with stoploss and profit targets.

Like & comment if you agree..
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