Open:
High:
Low:
Close:
STEIGENDER KEIL
AUD/USD
1H
It looks like a rising wedge has been recognized, the price asks for a next move to confirm rising wedge breakdown.
When price breaks through the support, the resulting move could signal a bearish price move.
Audusd could extend its slump to 0.666.
AUFSTEIGENDES DREIECK
AUD/USD
1H
It looks like an ascending triangle forms and the price breaks out.
An ascending triangle is considered to be a specific bullish price action formation that predicts a sharp rise once price breaks above resistance.
Audusd to move up to the 0.668 mark on a breakout of the ascending triangle as the currency pair nears 0.6674 hurdle.
WIMPEL
AUD/USD
1H
Audusd builds a pennant and the price breaks out.
A pennant identifies a price action pattern that is used to identify a move down when price collapses through the support line.
Audusd looks for a setback towards the 0.666 level on a breach of 0.6664 as bears looking for downside correction.
AUFSTEIGENDER KANAL
AUD/USD
4H
There is an ascending channel appearing, the price demands a further active impulse down to confirm ascending channel breakdown.
Once price breakdown occurs, the resulting move could spot a change in the prevailing trend.
Decline towards the 0.662 level stays on the cards as the mood may get worse.
RECHTECK
AUD/USD
1H
A rectangle has been discovered, the price is about to break out soon.
A rectangle provides a reliable bullish price formation that is used to signal the more likely potential of rising prices once price breaks out.
It is not ruled out that a move to the 0.666 mark will be made as the currency pair nears 0.6655 hurdle.
AUFSTEIGENDER KANAL
AUD/USD
4H
An ascending channel is almost completed.
An ascending channel is a compelling bearish price action indicator that is used to indicate a further move down when price collapses through the support line.
There is a probability of decline to the 0.662 mark on a breakout of the ascending channel.
AUFSTEIGENDES DREIECK
AUD/USD
1H
An ascending triangle is close to being complete, audusd demands a bit more consolidation as a sign of a breakout.
An ascending triangle denotes a useful indicator that typically results in that the price will rally further when price breaks through the resistance.
Audusd turns higher towards the 0.666 zone on a breach of 0.6656 as downside pressure alleviates.
STEIGENDER KEIL
AUD/USD
1H
We can see that the price develops a rising wedge, audusd asks for a more steady correction for the certainty of breakdown.
A rising wedge tends to be a technical price action formation that is used to indicate a bearish move in case if price breaks out.
A bearish move towards 0.663 looks likely as audusd nears 0.664 hurdle.
WIMPEL
AUD/USD
1H
There is a pennant distinguished.
In case if price breaks through the resistance, the resulting move could identify that prices are likely to keep rallying upward.
Audusd to have better chances of advancing towards the 0.665 mark on a break above 0.6646.
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