There is an ascending triangle revealed.
An ascending triangle denotes a useful price signal that can be used to indicate a sharp decline once price breakdown occurs.
AUD/USD turns lower towards 0.651.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
May 30
We can see that a descending channel is spotted and AUD/USD requests a more strong move as proof of a breakout.
If price breaks through the resistance, the move could spot that prices move counter to the prevailing price trend.
AUD/USD to have better chances of advancing towards 0.644.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Jan 17
A descending triangle has been observed, the price is ready to break out now.
When price breaks through the resistance, the resulting move could signal the bears have run out of steam.
A bullish run to the 0.622 mark is a possibility on a breach of 0.6212.
AUD/USD: Rectangle
AUD/USD,
1 hour
LONG
Sep 12
It seems like a rectangle arises, the price demands a more steady bullish move as a signal of a breakout.
A rectangle typically predicts that the price will rally further when price breaks out to the the upside.
It is likely that a bullish continuation towards the 0.669 level will happen as bulls lurking in demand zone.
AUD/USD: Rectangle
AUD/USD,
1 hour
LONG
Oct 6
A rectangle is close to being finished, audusd calls for a strong move for clear breakout confirmation.
A rectangle is considered to be a reliable bullish signal that often results in that the price to go long in case if price breaks through the resistance.
Audusd risks a move to the 0.662 level on a break above 0.6616 as indicators favor bulls.
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: 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: Rectangle
AUD/USD,
1 hour
LONG
Jun 18
The price shapes a rectangle, the price calls for a move for clear breakout confirmation.
If price breaks out to the the upside, the move could signal that the price to go long.
There is a possibility of a rangebound towards the 0.663 level.
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.
AUD/USD: Falling Wedge
AUD/USD,
1 day
LONG
Oct 11
There is a falling wedge uncovered, the price demands an active move for clear breakout confirmation.
A falling wedge tends to be a price action pattern that is angled down that is used to indicate a bullish price move once price breaks out to the the upside.
A move to 0.645 is going to happen.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
May 2
A bullish flag has been diagnosed and the price is ready to break out.
A bullish flag spots a next move up once price breaks out to the the upside.
AUD/USD embarks on a bullish correction towards 0.64 as extra rangebound not ruled out.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
May 2
We can see that a descending channel emerges and the price requires a next steady move as evidence of a breakout.
A descending channel represents a reliable price action formation that results in a break in the price direction if price breaks out to the the upside.
A move towards 0.642 is likely.
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AUD/USD