Expecting AUDUSD to continue with the bullishness after retest of the neckline of the head and shoulders pattern. The engulfing candle on the 1 hour timeframe adds more confluence
Price is rejecting a demand zone around 38450.0 and at the same time there is formation of a head and shoulders pattern. All we need is a retest and rejection of the neckline of the H&S together with the EMA to continue heading to the upside. TP is at 39250.0
