Hello Traders, We recently had a successful cypher pattern on the AUDUSD. If price can pull back down into this area we have a potential Bat Pattern. This completes at 0.7166 (RED) Price has shown some good rejection around these levels. Target 1: 0.7216 Target 2: 0.7209
We also have a Cypher pattern that completes at 0.7181 (BLUE). However considering risk to reward and previous price action. I'm looking towards the Bat Pattern