fdeltenr

AUDUSD, what will happen ?

OANDA:AUDUSD   AUD/USD
33 0 1
AUDUSD             evolve since march into a triangle delimited by a major extra strong resistance (in red) and an ascending support line (in green). Now we arrive at the end of the figure which means a new strong uptrend or downtrend will born very soon. It is better to wait and see if the price will break the resistance and initiate the uptrend or break the support and start a downtrend. Impossible to predict anything at the moment…

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fdeltenr
Wait and see !
fdeltenr about USDJPY a month ago
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