AUDUSD - Dips to be bought as Head and Shoulders builds

AUDUSD
AUDUSD
AUDUSD
AUDUSD

AUDUSD - Intraday - We look to Buy at 0.6962 (stop at 0.6922)

The gap open from 0.7022 to 0.7026 has now been closed. Selling posted in Asia. Daily/Weekly Ichimoku Cloud resistance is seen at 0.7035. Bespoke support is located at 0.6962. The medium term bias remains bullish. A bullish reverse Head and Shoulders is forming. Expect trading to remain mixed and volatile. Intraday signals are far from strong.
Our profit targets will be 0.7030 and 0.7050

Resistance: 0.7035 / 0.7091 / 0.7182
Support: 0.6962 / 0.6917 / 0.6900

Trade ist aktiv:

Bounced .. stop to open