russellw
Short

AUD/USD Bearish Wedge

FX:AUDUSD   Australian Dollar/U.S. Dollar
AUD/USD             is a good pair to watch this few weeks to come.

It has currently formed a rising wedge or a bearish pennant on the Weekly chart, with the lower TFs showing weakness as well.

If the bearish strength is great enough to break both S1 and S2 at 0.75065 and 0.74357, then the next target should be at S3, 0.71346.

Good pair to enter on the shorter timeframe if you are considering riding the wave down.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out