We have possible inverted head and shoulders pattern in development as indicated by price action behaviour and current structure.
We have clear divergance in MACD which supports idea.
Cross market analysis shows weakness of Aussie in short term.
All above leads me to conclusion itis excellent opportunity for long entry.
Good luck !
We have clear divergance in MACD which supports idea.
Cross market analysis shows weakness of Aussie in short term.
All above leads me to conclusion itis excellent opportunity for long entry.
Good luck !
Comment:
Breakout
Trade closed: target reached