BUY TREND will be start soon in AUDUSD, Reversal pattern found..📈 AUDUSD Price Forecast 📈
In the smaller time frame, AUDUSD has formed an Inverse Head & Shoulders pattern, signaling a potential reversal. The price has successfully broken the 50 EMA and the neckline with a strong bullish candle, confirming the pattern.
On the 4-hour time frame, the pair has also broken above the 50 EMA and is now approaching a descending trendline. The reversal pattern and increased buying volume suggest that a breakout of the trendline is imminent, leading to bullish momentum.
🎯 Technical Target Levels:
- 0.6285
- 0.6350
- 0.6450
- 0.6535
- 0.6680 (Final target)
📌 Key Highlights:
- Confirmed Inverse Head & Shoulders in smaller time frame.
- Breakout of 50 EMA and neckline supports bullish sentiment.
- Increased volume indicates strong buying pressure.
- Watch for a breakout above the descending trendline for further confirmation.
✅ Stay Prepared!
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