Friday, 12 July 2019

AUDUSD Preps a Clean Reversal Pattern but Dollar, China GDP Complicate

There is a provocative inverse head-and-shoulders set for AUDUSD. A pattern ubiquitous with charged reversals but conditions and similarly disrupted patterns should throttle our anticipation for more nuanced strategy.


from DailyFX - Feeds all https://ift.tt/2LgyrCF
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...