There is an ascending triangle taking place and the price is about to break out soon.
An ascending triangle spots a move up once price breaks out to the the upside.
It is possible that a further move to 0.64 will be made.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Oct 1
An ascending channel is close to being complete and the price calls for a more strong impulse down for clear breakout confirmation.
An ascending channel is a pattern that predicts a break in the price direction when price collapses through the support line.
AUD/USD set to fall towards the 0.69 mark on a breakout of the ascending channel.
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: 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: 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 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
May 6
There is an ascending channel recognized, the price is ready to break out.
An ascending channel predicts an interruption of an uptrend when price breaks out to the the downside.
AUD/USD to experience further corrective weakness to the 0.66 zone.
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: Falling Wedge
AUD/USD,
1 hour
LONG
Aug 12
There is a falling wedge diagnosed, AUD/USD asks for a bit more consolidation for clear breakout confirmation.
When price breaks above resistance, the resulting move could predict a bullish price move.
There is a chance of a bullish push up towards 0.658.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Oct 29
There is a descending channel distinguished.
A descending channel indicates a bullish price action once price breaks above resistance.
AUD/USD to extend its rebound to 0.657.
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AUD/USD