AUD/USD has formed a triangle and corrective wave touching the down trend line, all we see now is a clear upside break out of the triangle to head toward the resistance channel line . . AUDUSD is also in connection to the USD which is going for short. So i will take my profits around the point 0.68600. Note . there will be a re trace so watch your trade carefully and take good profits , when it bulls out from the yellow line , take your profits 2 around 0.69400 .. AUDUSD is also still looking for momentum for bullish move , Price is still consolidating and can break the resistance level. watch this trade carefully as it can still fall for the rest of the week ,
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IT tested the 50 and 14 Emma and the pivot line with a long wick. Then broke and closed below the triangle line on the 4hr time frame
I’m short
Target is .6650
I’m short
Target is .6650