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Incredo

Long AU after forming bullish structure - inverted H&S?

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Incredo Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Chart Patterns AUDUSD aud LONG Bullish Patterns
2
0
chartpattern audusd aud long bullish
Macro-data has been buoyant for AUD so far, technical analysis shows break upwards for AU.

Expecting an inverted H&S or Cup & Handle formation to occur, giving us a good entry of 0.7144 at best, or 0.7165 for more aggressive positions.

Stay Tuned.
Comment:
Plan in play, good luck all.
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