Yuriy_Bishko
Long

AUDUSD accumulate its power in the Triangle.

FX:AUDUSD   Australian Dollar / U.S. Dollar
The price is in the Triangle at the time.
I think it will grow later because it's above the Support/Resistance Zone.

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Comments

Thanks for sharing your Idea. This is powerful support line however in my opinion, fundamentally, as coronavirus is spreading and Australia supplying China by raw material it could make a hard pressure on AUD and it will fall until the virus will be controlled. Lets wait and see. Good Luck.
+2 Reply
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+1 Reply
Thanks Yuriy for nice analysis. Good Luck.
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@nrmt2010, you are welcome
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Thanks For Sharing Your Idea , I guess it will start after it hits 0.6700 , then we can expect the upward movement
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Yuriy_Bishko DoctorEazy
@DoctorEazy, you are welcome
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