Bullish Head&Shoulders on AUDUSD

Head and shoulder on AUDUSD developed in 2 months and a half after 6 months of bearish trend, which makes the pattern sufficiently reliable. On Friday the neckline resistance was broken, which gives us a buy signal. Buy stop @ 0.7337, stop loss @ 0.7250 and take profit @ 0.7590.
Chart PatternsHead and Shoulders

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