There is a descending channel determined and the price is breaking out.
When price breaks above resistance, the move could spot a trend change to the upside.
AUD/USD to move upward towards 0.632 once beyond 0.6316 as AUD/USD probes 0.6316 hurdle.
AUD/USD: Rising Wedge
AUD/USD,
4 hours
SHORT
Sep 15
It looks like a rising wedge is discovered, the price is about to break out soon.
A rising wedge represents a bearish indicator that typically predicts extending an downtrend if price breaks out to the the downside.
AUD/USD to head towards the 0.642 zone on a breach of 0.6435 as upside pressure mitigates.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Apr 11
There is a descending channel developing, the price is ready to break out now.
A descending channel is said to depict a reliable price signal that can be used to predict a downward trend is about to reverse into an upnward trend when price breaks out.
A bullish run towards the 0.67 mark about to be made on a upside break.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 22
It seems like the price develops a descending channel.
A descending channel is considered to be a useful bullish signal that often predicts extending an uptrend when price breaks out.
AUD/USD hints a change to the upside to 0.671.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 12
We can see that a descending channel is spotted and the price is close to breaking out now.
A descending channel provides a useful bullish price signal that typically indicates that the price to go up once price breaks through the resistance.
It is possible that a bullish push up to the 0.662 mark will happen on a breach of 0.6614 as downside pressure seen easing.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 1
It looks like a descending channel emerges, AUD/USD wants a more bullish action as a verification of a breakout.
A descending channel suggests a formation that is angled down that often spots a bullish move if price breaks out to the the upside.
AUD/USD to extend its advance towards 0.635.
AUD/USD: Falling Wedge
AUD/USD,
4 hours
LONG
Apr 12
There is a falling wedge emerging and the price asks for a further bigger bullish impulse as a verification of a breakout.
A falling wedge signals price heading to a new direction once price breaks through the resistance.
There is a probability of a bullish push up to the 0.67 mark.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Oct 25
It looks like an ascending channel is almost finished and the price is breaking out.
An ascending channel can be thought of as a useful bearish price action signal that predicts an extension in the downward direction when price breaks out to the the downside.
AUD/USD is at risk of extending its slump to the 0.635 mark on a breach of 0.6355.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
LONG
Oct 4
An ascending triangle has been observed, the price asks for a next bigger bullish action as an indication of a breakout.
An ascending triangle identifies a chart signal that indicates that the price to go up when price breaks out to the the upside.
A further bullish move to 0.633 looks possible.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Dec 19
A descending triangle is very close to being finished, AUD/USD asks for a further active move as evidence of a breakout.
A descending triangle tends to be a specific price pattern that typically results in a bullish price move in case if price breaks above resistance.
There is a probability of a bullish run towards the 0.673 zone.
AUD/USD: Symmetrical Triangle
AUD/USD,
1 hour
LONG
Jun 30
It seems like the price develops a symmetrical triangle.
A symmetrical triangle is believed to be a specific chart indicator that is used to signal that prices are likely to keep rallying upward once price breaks through the resistance.
It is not ruled out that a bullish move towards the 0.664 mark will happen once beyond 0.6628 as the currency pair challenges 0.6628 hurdle.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
Aug 31
An ascending triangle is almost done, the price demands a next move as proof of a breakdown.
An ascending triangle is considered to be a compelling chart indicator that is used to indicate an extension in the downward direction when price breaks through the support.
AUD/USD is bearish and en route towards 0.646 as bears looking for profit.
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AUD/USD