AUDUSD Ascending Triangle At Top

13 Nis 2020

AUDUSD is forming an ascending triangle in upward trend. It will be an interesting price action in AUDUSD pair. If AUDUSD breaks the ascending triangle on upside, we might see further trend continuation till resistance level (as mentioned in chart). If it breaks on downside we might see small pull towards trendline support as first small target. If it breaks trendline, the support line will be second target for AUDUSD.

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