OANDA:AUDUSD Australian Dollar / U.S. Dollar
Also eyeing AUDUSD for further upside potential.
We can see a higher time frame descending structure that the price is currently in.
At the bottom, a reversal price action, giving us an inverse Head and Shoulder pattern,
and we saw a strong up move follow by correction.
Now that price has confirm broken out and is in the impulse phase of the market,
be on the look out for further continuation correction on the lower time frame that can push the price up further to the previous highs,
and the top of the overall HTF structure.