AUDUSD: Corrective Pattern is Stopping The Price Rally

By KlejdiCuni
Updated
AUDUSD: Corrective Pattern is Stopping The Price Rally

Price is developed within a corrective pattern in AUDUSD.

As we can see from the chart the price is developing there since many
days and it is not finding the proper power to break out
of the pattern.

Probability is very high that the price can move in both ways.

Thank you and Good Luck!
Trade closed: target reached
snapshot
AUDUSDaudusdanalysisBeyond Technical AnalysisChart PatternsforexanalysisTrend Analysis
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