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Australian Dollar / U.S. Dollar
Short

AUDUSD at Breakout Point Of Rising Wedge.

101
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
Fx_Trader_ViSa
audAUDUSDChart PatternsLONGshortTechnical AnalysisTrend AnalysisUSD

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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.
audAUDUSDChart PatternsLONGshortTechnical AnalysisTrend AnalysisUSD
Fx_Trader_ViSa

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.