AUD/USD Wait For The Pullback
Chart: Weekly Time Frame
Market: Bullish
Notes:
AUD/USD is showing an interesting descending H&S chart pattern on the weekly chart.
Since price has broken and closed above the neckline from the 8th - 12th of August, we're now looking to enter
long positions on this pair as it pulls back to either the 50 EMA (on the daily chart) or the resistance zone
now turned support between 0.75800 - 0.76200.
Market: Bullish
Notes:
AUD/USD is showing an interesting descending H&S chart pattern on the weekly chart.
Since price has broken and closed above the neckline from the 8th - 12th of August, we're now looking to enter
long positions on this pair as it pulls back to either the 50 EMA (on the daily chart) or the resistance zone
now turned support between 0.75800 - 0.76200.