FXMONA

Possible Inverse Head and Shoulder

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             h4 chart creating inverse head and shoulder pattern. It it creates successfully we can go for long after breaking neckline.

Resistance comes at 0.8000 and 0.8100
that what i think so
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I think we wont see a move until tomorrows NFP - it seems a lot of USD cross pairs are getting ready to move long.
+1 Reply
wwfm Nica521
we have a retail sales from AU
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I agree with this...seeing same shape on other AUD pairs - eg: AUDJPY
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