AUDUSD - Bullish momentum
We are currently seeing a re-test of the neckline of the double bottom formation on the daily time frame via a pending Bullish Wedge pattern on the 4hr timeframe.
Price has been choppy for the past couple days but with that said I believe once price breaks certain key levels and the specific criteria which I will be posting next is met. Price is quite likely to rally in bullish manner. 0.74000 - 0.76000 are both levels which may be met.
Price has been choppy for the past couple days but with that said I believe once price breaks certain key levels and the specific criteria which I will be posting next is met. Price is quite likely to rally in bullish manner. 0.74000 - 0.76000 are both levels which may be met.
Disclaimer
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.