fortunamarkets

AUD/USD 0.66400 zone rejecting or not?(4/5/2024)

FX:AUDUSD   Australian Dollar / U.S. Dollar
In our last analysis, we had anticipated the AUD/USD would drop but after the ISM PMI result, the market turned the table and told us that the price has more corrections to do.
in this case, we expect an ABCDE diagonal triangle pattern to be completed by price.

Our technical view has been shown in the chart.

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Team Fortuna
-RC

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