AUDUSD has fallen sharply after touching its resistance level on the upside (as shown in the chart). Now it is trading at the support level of the Symmetrical Triangle Pattern. According to chart pattern analysis, we might see some upside in AUDUSD from the current level, As Symmetrical Triangle Pattern suggests indecisiveness in trend. One can initiate a long trade with proper risk management and stop loss.

Thank You
AUDUSDaudusdanalysisaussieaussiedollarChart PatternsdollareuroforexanalysisforexsignalsforextradingHarmonic PatternsTrend Analysis

Disclaimer