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AUD/USD

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AUD/USD: Ascending Triangle

AUD/USD, 1 hour    SHORT Jun 16
There is an ascending triangle emerging and AUD/USD asks for a more bearish continuation as an information of a breakout. An ascending triangle provides a chart formation that indicates a bearish price move when price breaks below support. There is a probability of a rangebound towards the 0.769 zone on a breach of 0.7705.

AUD/USD: Descending Triangle

AUD/USD, 4 hours    SHORT Aug 17
There is a descending triangle occuring, the price requests a bigger bearish action as a sign of a breakdown. A descending triangle depicts a compelling bearish indicator that often signals a further move down if price collapses through the support line. There is a possibility of a further bearish continuation to 0.73 while lower than 0.731.

AUD/USD: Rising Wedge

AUD/USD, 1 hour    SHORT Jun 11
There is a rising wedge happening and AUD/USD expects a more active move as an indication of a breakdown. A rising wedge identifies a bearish chart signal that can be used to spot prices are likely to keep falling downward in case if price breaks below support. AUD/USD embarks on a bearish correction to 0.773 as door open for a test of 0.773.

AUD/USD: Descending Channel

AUD/USD, 1 hour    LONG Aug 27
There is a descending channel poping up. If price breaks out, the resulting move could signal a bullish move. AUD/USD to maintain its positive tone to the 0.726 zone.

AUD/USD: Bearish Flag

AUD/USD, 4 hours    SHORT Aug 16
There is a bearish flag spotted. A bearish flag suggests a technical formation that can be used to spot reversals in uptrends in case if price collapses through the support line. AUD/USD to move back towards the 0.732 level.

AUD/USD: Rising Wedge

AUD/USD, 1 hour    SHORT 6 days ago
There is a rising wedge developing, the price asks for an active move as proof of a breakdown. A rising wedge provides a specific bearish price signal that results in a bearish price action when price breaks out. AUD/USD to slump towards 0.735.

AUD/USD: Ascending Channel

AUD/USD, 1 day    SHORT May 29
An ascending channel is close to being done, the price is going to break out. An ascending channel denotes a specific bearish price action pattern that can be used to predict prices are likely to keep falling downward once price breaks through the support. There is a probability of a bearish move towards the 0.765 level on a break below 0.772.

AUD/USD: Symmetrical Triangle

AUD/USD, 1 hour    SHORT May 11
A symmetrical triangle is uncovered, the price is close to breaking out now. A symmetrical triangle describes a specific indicator that is used to indicate that the price to go down if price breaks below support. AUD/USD accelerates losses to the 0.782 level.

AUD/USD: Descending Channel

AUD/USD, 1 hour    LONG Aug 10
A descending channel is nearing completion and the price wants a further bigger bullish impulse for the certainty of breakout. A descending channel represents a bullish chart pattern that can be used to predict that the price to go long when price breaks out to the the upside. There is a chance of a bullish continuation to 0.735 once above 0.7346 as door open for the continuation of the uptrend.

AUD/USD: Bullish Flag

AUD/USD, 1 hour    LONG Aug 27
The price builds a bullish flag, the price is ready to break out. A bullish flag is believed to be a compelling signal that is used to identify a bullish move if price breaks out to the the upside. AUD/USD to look for a further push to the 0.725 level on a breakout of the bullish flag.

AUD/USD: Pennant

AUD/USD, 1 hour    SHORT Jul 28
There is a pennant found. Once price breaks out, the move could spot the more likely potential of falling prices. There is a probability of a move towards the 0.734 mark.

AUD/USD: Rising Wedge

AUD/USD, 1 hour    SHORT May 4
There is a rising wedge turning up and the price asks for a move as proof of a breakout. A rising wedge suggests an indicator that typically spots that the price to go down in case if price breaks out. AUD/USD to suffer further downside to the 0.772 mark.
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