AUDUSD- chance to BUY with target 0.722 - 0.73

Price Action: Inverse Head and Shoulders D1(re-tested) - Inverse Head and Shoulders W1
Supply and Demand

• W1: Demand Zone 0.705 - 0.712 (re-tested)
  
• W1: Supply Zone 0.717 - 0.73
  
• W1: Supply Zone 0.755 - 0.768
  
• D1: Supply Zone 0.722 - 0.73
  
• D1: Demand Zone 0.71 - 0.712 (re-tested)
  

Forecast: Demand Zone (D1-W1) Re-Tested and Inverse Head and Shoulders D1(re-tested) => Waiting Price action to BUY with Target 0.722 (Supply Zone D1-W1) and 0.73 (Supply Zone D1-W1 and Target Inverse Head and Shoulders D1)

Risk: Go Down, break Right-Shoulder => Fail Inverse Head and Shoulders D1

Trade closed: stop reached:

Closed by News