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vf_investment
Apr 19, 2022 2:38 PM

AUSUSD falling wedge Long

FX:AUDUSD240
Australian Dollar/U.S. DollarFXCM

Description

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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
Trend AnalysisChart PatternsTechnical IndicatorsAUDUSDForexhigherlowsFalling WedgeFibonacci Extensionvf_investment
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