Cabana Capitals Blog Technical Analysis AUDUSD – support line broken at 2024-08-14T14:00:00.000Z

AUDUSD – support line broken at 2024-08-14T14:00:00.000Z

AUDUSD – support line broken at 2024-08-14T14:00:00.000Z post thumbnail image

Rising Wedge pattern identified on AUDUSD has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 0.6524 in the next 2.

Target: 0.6524 Entry: 0.6628 Stop: 0.6643

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