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AUDUSD






11/14/2014 12:52:15 PM

AUDUSD - Technical Analysis: Friday, 14/11/2014 17:52 GMT



Forming an inverted head and shoulders’ pattern that has the ability to turn the intraday trading to the upside.

The bullish trend will be preferred for the upcoming period with two conditions: the first is confirming breaching 0.8760, and the second is holding above 0.8650.

Stochastic positivity supports the expected bullish bias.


Target
Risk


Support
Resistance


Trend Bullish

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