ng_forex

AUDUSD TRIANGLE PATTERN SAYS BUY!!!

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Prices have been back from 0.65600 levels twice and the triangle formed is holding a strong support line. Today, prices have fallen in the Asian sessions but recovered some upward strength.
Also, 0.64322 have Bollinger bands support and trend line support.

From here, prices may test 0.65600 and above levels again as RSI is pointing to an upward movement, and if 0.65600 breaks then immediate resistance will be provided at 0.67200.