The pair is in an ascending trend channel.
There is a smaller wedge created in the channel.
AUDUSD has bounced off the trendline and the 50 SMA.
19pip TP, 10pip SL.
Pair has possibilities to break the wedge and push further up.
There is a smaller wedge created in the channel.
AUDUSD has bounced off the trendline and the 50 SMA.
19pip TP, 10pip SL.
Pair has possibilities to break the wedge and push further up.