Mennzz
Long

June 3, 2014 | AUDUSD | Bullish Wedge Breakout!

FX:AUDUSD   Australian Dollar / U.S. Dollar
64 0 0
AU may be stuck in a minor wedge and may break out any moment. And since the support line was tested and not broken, it suggests the breakout will be bullish to around 0.9464. It would most likely be followed by a corrective range to 0.94 or so then breakout again for another upside move to 0.96. Tread carefully! :D

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