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AUD/USD

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AUD/USD: Bearish Flag

AUD/USD, 1 hour    SHORT 13 hours ago
There is a bearish flag occuring and the price is close to breaking out now. A bearish flag indicates a sharp decline in case if price breakdown occurs. AUD/USD risks extra losses towards 0.6555.

AUD/USD: Rectangle

AUD/USD, 1 hour    SHORT 5 hours ago
AUD/USD shapes a rectangle and the price is breaking out. A rectangle predicts a bearish price action once price breaks below support. AUD/USD to slide towards the 0.655 zone on a breach of 0.6553.

AUD/USD: Pennant

AUD/USD, 4 hours    SHORT 4 days ago
There is a pennant arising, the price requires a further strong move as a verification of a breakout. A pennant represents a formation that is used to indicate a bearish price action if price breaks below support. A bearish continuation to 0.66 about to be made.

AUD/USD: Descending Triangle

AUD/USD, 4 hours    LONG Mar 6
There is a descending triangle taking place and the price needs a more bigger move to confirm descending triangle breakout. A descending triangle denotes a formation that is angled down that is used to indicate the more likely potential of rising prices once price breaks out to the the upside. There is a probability of a move to 0.654.

AUD/USD: Ascending Triangle

AUD/USD, 4 hours    SHORT Jan 31
An ascending triangle is found. An ascending triangle provides a specific chart formation that is used to spot the more likely potential of falling prices when price breaks out. It is not ruled out that corrective downside to 0.656 will be made.

AUD/USD: Ascending Channel

AUD/USD, 1 hour    SHORT 4 days ago
It looks like an ascending channel is close to being done. An ascending channel often signals extending an downtrend when price breaks below support. AUD/USD could recede to 0.661 on a breakout of the ascending channel as bears looking for profit.

AUD/USD: Descending Channel

AUD/USD, 1 day    LONG Nov 3
It seems like a descending channel has been detected. A descending channel depicts a pattern with a downward bias that can be used to spot that the price to go up if price breaks above resistance. AUD/USD to surge considerably towards 0.645 as the currency pair becomes bullish.

AUD/USD: Descending Triangle

AUD/USD, 1 hour    LONG Dec 13
There is a descending triangle coming out, the price expects a next active move to confirm a breakout. A descending triangle describes a bullish chart formation that is used to indicate that the price to go up when price breaks above resistance. AUD/USD does not rule out a move to 0.658 on a breakout of the descending triangle as AUD/USD nears 0.6565 hurdle.

AUD/USD: Ascending Channel

AUD/USD, 1 hour    SHORT Feb 13
There is an ascending channel developing and the price requires further bigger fall to confirm ascending channel breakout. In case if price breaks down, the resulting move could spot a sharp decline. It is possible that corrective downside towards the 0.652 zone will happen on a break below 0.6524.

AUD/USD: Bearish Flag

AUD/USD, 1 hour    SHORT Jun 27
We can see that a bearish flag is discovered. A bearish flag denotes a signal that is used to indicate a sharp decline in case if price breakdown occurs. AUD/USD risks potential downside towards 0.668 as outlook for AUD/USD stays negative.

AUD/USD: Ascending Triangle

AUD/USD, 1 hour    LONG Aug 29
There is an ascending triangle detected and the price calls for a further move for the certainty of breakout. An ascending triangle often identifies a bullish price action when price breaks through the resistance. It is not ruled out that a bullish continuation to the 0.644 level will be made.

AUD/USD: Bearish Flag

AUD/USD, 4 hours    SHORT Mar 7
It seems like a bearish flag has been detected and the price expects push down to confirm bearish flag breakout. A bearish flag is said to depict a reliable chart pattern that is angled up that typically indicates an extension in the downward direction in case if price breakdown occurs. It is not ruled out that a move to 0.67 will occur as upside pressure mitigates.
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