The recent breakout of the falling wedge formation on the AUDUSD chart has sparked optimism among traders, suggesting a potential bullish trend in the near future, possibly as early as Monday.
This development signals a shift in market sentiment towards the Australian dollar, with the potential for further upside momentum. Traders who have access to this timely information, such as VIP Members, can leverage this insight to make informed trading decisions based on technical analysis. As the bullish momentum continues, the next target for the AUDUSD pair is projected to be around .6857, indicating a potential opportunity for profit in the coming days. By staying updated on the latest market trends and technical signals, traders can position themselves strategically to capitalize on potential price movements and maximize their trading outcomes.
Chris
Head Coach & Professional Trader for over 30 years
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