AUDUSD inverted cup & handle

It tried to do an inverted cup & handle , the handle fell short however. Still the dynamics of the trend respect the direction we shall expect. 50EMA above the price and above the 20MA. It also broke a slightly bullish trend . The price has shown trouble to go through the psychological barrier of 0.7519 - 0.7527, shown in the circles. Shall it goes through, it can go south.

Yorum:

Pending order ready