There is a rectangle turning up, AUD/USD requires a further strong move for the certainty of breakout.
A rectangle results in a bullish move if price breaks out to the the upside.
AUD/USD to recover bullish potential to 0.623.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Feb 15
There is a descending channel occuring, AUD/USD requires rise as an indication of a breakout.
Once price breaks through the resistance, the resulting move could signal a downward trend is about to reverse into an upnward trend.
It is possible that a bullish continuation to 0.654 will be made on a breach of 0.6525 as weakness seen overdone.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Sep 13
A bullish flag has been diagnosed, the price needs a next bigger bullish impulse to confirm a breakout.
A bullish flag predicts the more likely potential of rising prices if price breaks out.
A further bullish continuation to 0.644 is probable as door open for the continuation of the uptrend.
AUD/USD: Falling Wedge
AUD/USD,
4 hours
LONG
Mar 30
A falling wedge is close to completion, the price is close to breaking out now.
A falling wedge identifies a further move up if price breaks out to the the upside.
AUD/USD to have better chances of advancing to 0.672 as bulls lurking in demand zone.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Sep 3
There is a bearish flag arising and the price is ready to break out.
A bearish flag provides a useful bearish price action signal that can be used to indicate a next move down when price collapses through the support line.
AUD/USD to fall towards the 0.677 mark on a breach of 0.6782.
AUD/USD: Rectangle
AUD/USD,
1 hour
LONG
May 2
A rectangle pops up.
Once price breaks through the resistance, the resulting move could indicate extending an uptrend.
AUD/USD looks north towards the 0.643 level.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Jun 4
There is a bullish flag appearing, the price is ready to break out soon.
If price breaks out, the move could signal a trend change to the upside.
It is not ruled out that a bullish price action to 0.647 will form as AUD/USD challenges 0.6464 hurdle.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Jun 30
As we can see a bullish flag is almost finished, the price breaks out soon.
When price breaks out, the move could predict extending an uptrend.
There is a possibility of a bullish continuation to the 0.654 level on a breach of 0.6534 as minor hurdle remains at 0.6534.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Jun 20
There is an ascending channel identified.
An ascending channel is believed to be a technical price indicator that can be used to predict that the price to go down in case if price breaks out to the the downside.
It is possible that a bearish run towards 0.644 will take place.
AUD/USD: Descending Channel
AUD/USD,
1 day
LONG
Aug 29
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
May 22
An ascending triangle happens and the price asks for a next strong impulse down as an indication of a breakdown.
An ascending triangle suggests a specific bearish signal that results in a bearish move in case if price breakdown occurs.
AUD/USD to increase bearish potential towards the 0.666 mark on a breach of 0.6666 as AUD/USD becomes under pressure.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
Jun 20
There is a rising wedge exposed and the price needs a move as a signal of a breakdown.
In case if price breaks through the support, the resulting move could indicate the bulls have run out of steam.
AUD/USD opens door for a move to 0.648.
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AUD/USD