Profit_Link

USD/AUD - Potential Falling Wedge

Long
FX_IDC:USDAUD   U.S. Dollar / Australian Dollar
Edges:
~ Falling wedge
~ Pullback to the 0.618 Fib level
~ Break of overhead trendline

I would be looking for a move to between the 0.382 0.5 and retracement of the latest pullback, which is within the outlined box


-TradingEdge

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