AUD/USD Price Analysis: Bulls are moving in, forming RHS of inverse H&S AUDUSD Technical Analysis
The inverse head and shoulders are a bullish feature on the charts.
The W-formation is a compelling feature on the hourly chart whereby the reversion pattern´s neckline near a 50% mean reversion could be an attractive area for bulls to engage again. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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