AUDUSD Preps a Clean Reversal Pattern but Dollar, China GDP Complicate

From youtube.com/dailyfx

AUDUSD has formed a very clear and large inverse head-and-shoulders pattern - a favorite reversal formation • Clearing the collective resistance and fueling a trend is difficult to do between systemic restraint and key event risk • Monday morning's China 2Q GDP release is a loaded event risk, but its predilections don't favor a bullish reversal