AUD/USD is compressing inside a symmetrical triangle after repeatedly rejecting the upper trendline and Ichimoku cloud resistance. Price is struggling to reclaim the resistance zone around 0.69053–0.69157, increasing the probability of a bearish continuation if the lower trendline breaks. A confirmed downside breakout could expose the next support levels, while only a sustained move above resistance would invalidate the bearish setup.
🔴 1st Support: 0.68536
🔴 2nd Support: 0.68334
🟢 Resistance Zone: 0.69053 – 0.69157
⚠️ Disclaimer: This analysis is for educational purposes only.
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🔴 1st Support: 0.68536
🔴 2nd Support: 0.68334
🟢 Resistance Zone: 0.69053 – 0.69157
⚠️ Disclaimer: This analysis is for educational purposes only.
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🔸🔸 Charts Don't Lie, Traders Don't Quit 🔸🔸
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.