AUDUSD at Breakout Point Of Rising Wedge.

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is trading in a rising wedge and range is getting narrower and narrower as you can see on the chart also it has given 50% Fibonacci retracement from its bottom, it will no surprise if it gives a breakout on downside. One can only trade for long term on AUDUSD if it breaks out from the wedge pattern.

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Vivek Samale


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