MtxTrader

AUDUSD Rising/Ascending Triangle - Price in Apex of Triangle

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Not a bad ascending triangle setup, considering the fact that they are almost never perfect "textbook" setups.

Since price is once again at the support trendline, this is an excellent place to buy this pair as it breaks past the horizontal resistance zone at 0.7760
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