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fortunamarkets
Apr 5, 2024 12:26 PM

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

Australian Dollar/U.S. DollarFXCM

Description

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

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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