AUDUSD is trading in a rising wedge and range is getting narrower and narrower as you can see on the chart also it has given 50% Fibonacci retracement from its bottom, it will no surprise if it gives a breakout on downside. One can only trade for long term on AUDUSD if it breaks out from the wedge pattern.
Like/Comment/Follow Us For More Idea.
Thanks
Vivek Samale
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.
