There is an ascending channel turning up, the price requests a further active bearish move as a verification of a breakout.
An ascending channel typically identifies a bearish move in case if price breakdown occurs.
AUD/USD does not rule out a move towards 0.668.
AUD/USD: Ascending Triangle
AUD/USD,
4 hours
LONG
Jul 12
An ascending triangle emerges.
An ascending triangle signals a next move up in case if price breaks through the resistance.
AUD/USD looks ready to further extend its gains to the 0.672 zone once beyond 0.67 amid the currency pair reclaims part of the ground lost.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Dec 1
There is a descending triangle materializing, AUD/USD calls for a bit more consolidation as a clue of a breakout.
A descending triangle results in that the price to go long in case if price breaks out to the the upside.
There is a probability of a bullish run to the 0.664 level.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
SHORT
Nov 9
It looks like a descending triangle occurs and the price expects a further move as a sign of a breakout.
When price breaks out to the the downside, the resulting move could predict a bearish price action.
There is a probability of decline towards 0.639 on a downside break.
AUD/USD: Rectangle
AUD/USD,
1 hour
SHORT
Mar 19
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: Ascending Channel
AUD/USD,
1 hour
SHORT
Aug 10
An ascending channel pops up.
In case if price breaks down, the resulting move could indicate a temporary interruption during a rising market.
AUD/USD looks for a setback towards 0.652.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
LONG
Apr 12
We can see that an ascending triangle is almost finished.
An ascending triangle provides a chart signal that often identifies that the price to go up if price breaks out.
AUD/USD embarks on a bullish correction to the 0.669 zone on a upside break as bulls look for entries.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Mar 14
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: Bullish Flag
AUD/USD,
1 hour
LONG
May 9
A bullish flag is nearing completion, AUD/USD lacks a more strong move as a clue of a breakout.
A bullish flag typically indicates that the price to go long in case if price breaks out.
AUD/USD dives out bearish trendline to the 0.677 level.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
SHORT
Sep 5
There is a descending triangle developing and the price is about to break out soon.
A descending triangle is believed to be a reliable bearish formation that results in a bearish move if price collapses through the support line.
AUD/USD accelerates losses towards the 0.644 zone.
AUD/USD: Symmetrical Triangle
AUD/USD,
4 hours
SHORT
Apr 21
There is a symmetrical triangle turning up and AUD/USD expects a further move as a verification of a breakout.
A symmetrical triangle signals an extension in the downward direction when price collapses through the support line.
Decline to the 0.668 mark looks probable.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
Mar 31
A rising wedge comes out and the price is going to break out now.
A rising wedge typically signals prices are likely to keep falling downward if price collapses through the support line.
It is likely that a bearish run towards 0.67 will occur while below 0.6715 as extra rangebound not ruled out.
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AUD/USD