On the daily AUDUSD chart there is a potential pattern forming. This pattern is completed around 0.776.
Target 1: 0.75111 = R:RR 1.87
Target 2: 0.73596 = R:RR 3
Will keep this updated as time progresses.
Best of luck!
The trendline between the swing low of May to the swing low of late July has been broken, so it's very likely to see some more bearish movement.
Interested in learning about harmonic patterns? PM me :)
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