Australian Dollar can test the resistance line and start fall

Hello my friends, today I want to talk to you about AUD/USD

The price formed an ascending wedge and is now inside.

Price is close to the resistance line and can test it.

Australian Dollar can rise to the resistance line, then bounce back and start to decline.

I expect that tomorrow after the opening of the market, the price after a possible retest can begin to decline.

I set 2 goals.

First goal is at a level 0.673 that coincides with the support line and second goal at a level 0.665

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

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Trend Analysis

Declinazione di responsabilità