AUDCHF Wedge break out
Updated
If we look at the AUDCHF pair, we can see it has been in a huge wedge pattern for some time now. It has finally broken down through the bottom of the wedge, and now appears to be retesting the outer edge of the wedge. I think we could see a move down to a previous zone of support.
Note
Retest of outer edge of the Wedge.Note
The pair are now consolidating before next move down.
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