
According to M15, AUDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.6220/0.6214 is broken out, the instrument is likely to move toward 0.6237.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade