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AUDUSD 100% | 3
U U PRO AUDUSD, 60, Long ,
AUDUSD: AUDUSD
36 1 0
AUDUSD, 60 Long
AUDUSD

Here we have another triangle formed on the AUDUSD chart. With the negative news coming out for US, and the RBA sounding like they are finished cutting rates, I expect the AUDUSD to trend generally upwards over the next week or so. A break out above this triangle could lead us up above 0.825 and potentially beyond, whereas given the current fundamental ...

U U PRO AUDUSD, 5,
AUDUSD: AUDUSD approaching important trend line
43 1 0
AUDUSD, 5
AUDUSD approaching important trend line

After taking full profits on the short break of the wedge pattern, prepare for either a bounce up or break down off the upcoming red trend line. On a bounce up off the line, buy above 0.788, and target around 0.795. On a break below the line, sell on the break and target 0.782 - with the chance to continue trending down, you could leave your short trade open and ...

U U PRO AUDUSD, 60,
AUDUSD: AUDUSD wedge formed
30 0 0
AUDUSD, 60
AUDUSD wedge formed

Wait for the price to break free of this wedge structure, in either direction. Targeting 0.806 up and 0.788 down, with a stop loss about 10-15 pips behind the entry price.

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