AUDUSD Hourly Bullish Triangle Breakout Looming

Apr 8, 2020

AUDUSD is sitting on 0.6170 which is below the resistance at 0.6191. The 1-hour chart is giving us the bullish triangle poised for a breakout.

The levels we must keep in mind are the following: 0.60992, 0.6121 - 0.6191, 0.6210

What do we have here?
✔️ Bullish Triangle Formation
✔️ AUDUSD is hovering near 0.6191 - Minor Resistance Level

Thank you, Connor,

Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.

Apr 9, 2020

Trade closed: target reached