AUDUSD yesterday rebound at the retracement of 50%. Now already going up, AUD has the possibility to retest the upside resistance of 0.9950 which is the neckline for the inverse H&S. The support should be at 0.975 which is yesterday low.
The candlestick is still an inside bar. The break on either side should be a strong one. Fundamentally, the morning employment data on AUD should boost this pair.
By The Backyard Burner
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