FX:AUDUSD Australian Dollar/U.S. Dollar
Another good short-term intraday opportunity on AUDUSD . A break of either should be good for around 30-40 pips with a stop loss placed on the opposite side of the triangle.
15M triangles can be risky, particularly before any news as was the case last night. Ironically there's a new one developing outside the one that's on the chart that'll have more potential. The one last night was just a tad too narrow with trendlines that were a little bit on the steep side for our liking.