AUD/USD, possible inverse H&S!

mario urlic forex aud-usd 26.01.

As I see this, it’s possible inverse H&S pattern and 300-350 potential pips in long position. Firts test for the buyers is this necline at 0.7030/60 which they have already tested. If thay manage to brake that, daily MA100 could be the next target and resistance level at 0.7150/80, after wich comes weekly down trend line at 0.7240/60. Take this resistance levels on your mind and be ready to react in time if the sellers take over. Let’s follow and comment here next moves in th up coming days.

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