Jnwsk

EURAUD Inverse Head and Shoulders

Long
Jnwsk Mis à jour   
FX:EURAUD   Euro / Dollar Australien
Here you can see a nice inverse head and shoulders formation.

AUD news really knocked the ADR off balance - 100 pip move within the first 3 hours of a new daily candle open. Can the ADR hit 140, 150 by the end of the daily candle? I believe most likely not.

I expect a nice movement back where it started off originally, which will most likely be caused by the multiple EUR major impact news later today.

Transaction en cours:
Markets are working their way to construct the proper sequence.

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