AUDUSD is trading is a falling wedge which is considered as a bullish reveral pattern.
It also has bullish divergence on the indicator.
We are expecting bulls to push the price form here as it is a confluence point of trendline support and bullish divergence.
Trade your levels accordingly.
It also has bullish divergence on the indicator.
We are expecting bulls to push the price form here as it is a confluence point of trendline support and bullish divergence.
Trade your levels accordingly.
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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.
Related publications
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.