AUDUSD recently broke out of a 21-month falling channel and has been undergoing retracement for 3 weeks.
Price has currently formed a harmonic pattern into demand zone at fibo level .886.
Furthermore, if price is supported at this level and starts a bullish trend, it will form the last leg of a Bat Pattern.
Price has currently formed a harmonic pattern into demand zone at fibo level .886.
Furthermore, if price is supported at this level and starts a bullish trend, it will form the last leg of a Bat Pattern.