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AUSUSD falling wedge

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
vf_investment  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD Forex higherlows Falling Wedge Fibonacci Extension vf_investment
4
0
trendanalysis chartpattern indicator audusd forex higherlows fallingwedge fibonacciextension vf_investment
The price has formed a falling wedge, in addition to the higher lows. We are expecting the price to break into the upside. We are looking for a retracement of 50% fib zone of the Fibonacci extension.

Target: 0.758
Entry: 0.735
S&L: 0.728
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