Cup and Handle formation for the AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
This is the classic cup and handle formation. As you see the cup has formed and it is finalizing the formation of the handle. I expect this to bounce and head up for a nice day trading long position. If you take a look at the momentum it is suggesting the bullish movement going up soon.


Pretty predictable run and a very nice scalp!
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