AUDUSD – Reversal Chart Pattern – Ascending Triangle

AUDUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If AUDUSD continues in its current trajectory, we could see it reach 0.6605 within the next 19 hours.

Past performance is not an indicator of future results.
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