AUDUSD is forming an ascending triangle in upward trend. It will be an interesting price action in AUDUSD pair. If AUDUSD breaks the ascending triangle on upside, we might see further trend continuation till resistance level (as mentioned in chart). If it breaks on downside we might see small pull towards trendline support as first small target. If it breaks trendline , the support line will be second target for AUDUSD .

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Thanks

Vivek

Vivek

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.