AUDUSD in bullish wedge | 17 April
AUDUSD is in a bullish wedge and a reversal breakout is likely. Price is near a key resistance where the 78.6% fibonacci retracement lines up with the 61.8% retracement and we might see a possible drop from there.
Trade active
Price reached our sell entry, now our trade is triggered !
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.