AUDUSD: Cup and Slip
Not much in the news, everything in the price.
Just the slip and news and shock of Aus defeated by Afghan,
The rounding top or the inverted cup and handle, pushes price action to the lowest area of support.
The big picture trendline support is lurking to life line.
It is also in the area of Mid Bollinger Band.
We have seen this before and many times in this range.
Lows of 0.6640-50 eyes lower end of 0.6610
What is interesting this time we have failed Inv HnS pattern
Below 0.6645-55 towards 6610-15
Just the slip and news and shock of Aus defeated by Afghan,
The rounding top or the inverted cup and handle, pushes price action to the lowest area of support.
The big picture trendline support is lurking to life line.
It is also in the area of Mid Bollinger Band.
We have seen this before and many times in this range.
Lows of 0.6640-50 eyes lower end of 0.6610
What is interesting this time we have failed Inv HnS pattern
Below 0.6645-55 towards 6610-15
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