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Gareth_Roberts
May 10, 2017 4:01 AM

AUDUSD Bullish wedge Long

Australian Dollar/U.S. DollarFXCM

Description

Looking at the AUDUSD 1 hour chart we can see the pair have formed a Bullish wedge with Divergence on the MACD & AO.

Comment

The pair have broken out of the wedge, and now looks as if it has retested the outer edge ready to lift off.
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