AUDUSD confirms the pattern’s completion – Analysis - 20-09-2018
Economies.com
2018-09-20 04:18AM UTC
The AUDUSD pair confirmed breaching the neckline of the inverted head and shoulders’ pattern mentioned yesterday, reinforcing the chances of continuing the bullish trend on the intraday basis, as our next target is located at 0.7315, noting that breaching this level will push the price towards 0.7370 that represents the full target of the mentioned pattern.
Therefore, we suggest the continuation of the bullish bias in the upcoming period unless breaking 0.7140 level and holding below it.
Expected trading range for today is between 0.7200 support and 0.7330
Expected trend for today: Bullish
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