AUDUSD : Symmetrical Triangle

Daily Chart Plan A&B

A.  wait for retest support zone (around 0.7067 – 0.7073) to confirm the bullish signal.

           –    buy target upper trendline (60+pips) , strong candle break upper trendline could target 0.7281

B. Strong candle break below support zone and lower trendline , wait for pullback retest (support become resistance)  to confirm the bearish signal .

            –  target 0.6900 or lower low (bearish continuation)




Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.