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kuroSoraFX

AUD/USD Ascending triangle breaking out??

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
kuroSoraFX  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Triangle Support and Resistance Candlestick Analysis
8
3
triangle supportandresistance candlestick
We can clearly see on the H1 time frame that we have a very large and obvious ascending triangle. Price is currently holding above the upper resistance however we will have to wait for an hourly close above.

If we happen to break out then the technical target is roughly at 0.637
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