There is an ascending channel distinguished and the price is going to break out soon.
An ascending channel is said to depict a technical price action indicator that identifies that the price to go down once price breaks out.
AUD/USD is bearish and en route to the 0.649 level while lower than 0.6502 as AUD/USD looks offered.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Oct 16
Audusd creates a descending channel and the price is ready to break out.
If price breaks out, the move could signal a further move up.
It is not ruled out that a bullish continuation to 0.655 will take place on a breach of 0.651.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Jun 25
A bullish flag has been uncovered and AUD/USD needs a further move as a clue of a breakout.
A bullish flag identifies a price pattern that often results in a next move up if price breaks out.
A bullish price action towards 0.651 is likely.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Nov 24
Audusd establishes a descending channel.
A descending channel is believed to be a pattern that is angled down that signals a bullish move in case if price breaks through the resistance.
There is a chance of a further bullish price action towards 0.648 as downside pressure mitigates.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Jan 23
It seems like a descending triangle is very close to being finished, the price is going to break out.
A descending triangle is a technical bullish chart indicator that can be used to predict extending an uptrend once price breaks through the resistance.
AUD/USD is bullish and en route to the 0.628 level amid the currency pair recovers from recent lows.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Jun 30
As we can see a descending channel is diagnosed.
A descending channel is believed to be a bullish chart indicator that can be used to identify a next move up once price breaks out to the the upside.
A bullish continuation to 0.656 is a possibility.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Mar 23
An ascending channel is encountered and AUD/USD demands a further strong impulse down as a clue of a breakout.
An ascending channel often indicates a countertrend succeeding the current trend in case if price breaks out to the the downside.
AUD/USD is at risk of extending its slump to 0.668.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
2 days ago
There is a descending triangle exposed, the price needs a next move as a sign of a breakout.
Once price breaks out to the the upside, the move could indicate a breakout higher.
Audusd pushes higher towards 0.656 as bulls looking for profit.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Oct 20
As we can see an ascending channel is close to being completed, the price is ready to break out.
An ascending channel denotes a useful price action signal that is used to identify an extension in the downward direction if price breakdown occurs.
There is a possibility of further decline towards 0.648.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 20
As we can see AUD/USD builds an ascending channel, the price expects a further move as a clue of a breakout.
An ascending channel is said to depict a specific bearish chart signal that identifies a bearish price action once price breaks out.
A further rangebound to 0.644 is about to happen on a breakout of the ascending channel as gains remain capped.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 1
A descending channel comes out.
A descending channel predicts a breakout higher when price breaks out to the the upside.
AUD/USD points to the upside towards 0.637.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Apr 20
A descending triangle is very close to being completed, the price calls for steady push up for clear breakout confirmation.
A descending triangle tends to be a compelling bullish chart signal that often signals a bullish price move once price breaks out to the the upside.
It is likely that a bullish price action to 0.638 will occur on impulse above 0.6376.
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AUD/USD