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zorrays

AUDUSD - LONG - DESCENDING WEDGE

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
zorrays Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Support and Resistance Fibonacci Wedge AUDUSD DXY audusdlong Forex ｆｘ Chart patterns
4
0
supportandresistance fibonacci wedgepattern audusd dxy audusdlong forex ｆｘ chartpatterns
AUDUSD IS CURRENTLY IN THE MONTHLY SUPPORT ZONE WHICH HAS BEEN REJECTED 5 TIMES.

PRICE HAS FORMED A FALLING WEDGE WHICH I AM HOPING WILL PUSH PRICE TO THE BASE OF THE DESCENDING WEDGE NEXT RESISTANCE ZONE.

TARGET IS ALSO BASED ON FIBONACCI CLUSTERS ALIGNED WITH PREVIOUS STRUCTURE.
Comment:
price not triggered as of yet - as the 4 hourly candlestick closed below the trendline.
Comment:
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