According to the chart of H1, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6855 and support 0.6835. In case the resistance level 0.6855 - 0.6855 is broken, the instrument is likely to follow the bullish trend. FX.co ★ AUDUSD H1: Bullish Rectangle
Signal strength 4 of 5
AUDUSD H1: Bullish Rectangle
According to the chart of H1, AUDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6855 and support 0.6835. In case the resistance level 0.6855 - 0.6855 is broken, the instrument is likely to follow the bullish trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade