ClearEdgeFX

AUDUSD - TRIANGLE BREAKOUT & TRENDLINE RETRACEMENT

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Recent price action suggests a bullish bias for AUDUSD. Last week we saw a fairly decisive triangle break with price retracing to the swing high on the left side of the chart. Although the candle has not closed yet we might be seeing a pin bar forming at this key level hinting at a further upside for this pair.

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