AUDUSD – Interesting situation on this pair, price strikes from Inside Bar created by daily candle dated 5 July. At the same time, H & S is formed where the left arm and head have already been formed currently the right arm is in tact, but if breakout from IB wins, the H & S formation will be negated. Time will show whether the demand and IB formation or supply will prevail, and will be realized bearish H & S formation.
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