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CANAL ASCENDANT
AUD/USD
4H
The price creates an ascending channel, the price breaks out soon.
In case if price breaks down, the resulting move could predict price reversal after a pause.
It is not ruled out that a bearish push down towards the 0.652 zone will take place on a breach of 0.6545.
DRAPEAU BAISSIER
AUD/USD
1H
As we can see a bearish flag is close to being done, audusd requests a move to confirm bearish flag breakdown.
In case if price breaks below support, the move could predict a breakdown is likely to occur.
It is possible that a bearish continuation towards the 0.6535 level will occur as there is a chance of further weakness.
RECTANGLE
AUD/USD
1H
There is a rectangle occuring, the price needs a next bigger move to confirm rectangle breakout.
Once price breaks out, the resulting move could indicate the more likely potential of rising prices.
A further bullish price action towards 0.6565 looks probable.
TRIANGLE DESCENDANT
AUD/USD
1H
It looks like a descending triangle is almost done, audusd expects a next bigger move as an information of a breakout.
A descending triangle is considered to be a compelling signal that can be used to spot the more likely potential of rising prices once price breaks out.
There is a chance of a bullish price action to the 0.655 zone while above 0.6548.
BISEAU DESCENDANT
AUD/USD
1H
A falling wedge is close to being done and the price asks for a strong bullish move as evidence of a breakout.
A falling wedge typically results in a next move up when price breaks out.
Audusd to enjoy a considerable gain to the 0.656 mark.
DRAPEAU BAISSIER
AUD/USD
4H
It seems like a bearish flag occurs.
A bearish flag is a signal that often results in a break during an uptrending market in case if price breakdown occurs.
Audusd risks further decline to 0.652.
RECTANGLE
AUD/USD
1H
There is a rectangle happening and the price is breaking out.
A rectangle denotes a compelling bearish indicator that is used to signal an extension in the downward direction if price breakdown occurs.
Audusd to experience further corrective weakness towards the 0.656 zone as gains remain capped.
CANAL ASCENDANT
AUD/USD
4H
There is an ascending channel exposed and the price is about to break out.
An ascending channel is believed to be a useful bearish pattern that is angled up that is used to signal extending an downtrend when price breaks out to the the downside.
There is a chance of a further bearish move towards the 0.656 zone on a breakdown of the ascending channel as there is a chance for a downside correction.
BISEAU ASCENDANT
AUD/USD
1H
The price develops a rising wedge.
In case if price breakdown occurs, the move could spot a tendency to break in the opposite direction.
Audusd hints a change to the downside towards the 0.66 level once below 0.6606.
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