AUDUSD (BROKEN ASCENDING TRIANGLE SUPPORT!!!!!)
MARKET ANALYSIS: The pair has been trading inside a long term ascending triangle pattern. Now it has broken the support level. We can expect a new downtrend to the next possible support level. With minor retracements here and there. So lets wait and see what the market does in the coming weeks. Cheers!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.