AUDUSD was in consolidation period in the 4hr timeframe hitting our demand and supply zones. Then broke our overall trendline all the way to touch the supply zone and came back to retest the trendline giving us an Inverse Head & Shoulder to confirm the buys of the AUDUSD. With a strong dollar to confirm AUDUSDs direction we can catch a few pips to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.