AUDUSD Bullish wedge
Looking at the AUDUSD 1 hour chart we can see the pair have formed a Bullish wedge with Divergence on the MACD & AO.
Note
The pair have broken out of the wedge, and now looks as if it has retested the outer edge ready to lift off.
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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.