AUDUSD has fallen sharply after touching its resistance level on the upside (as shown in the chart). Now it is trading at the support level of the Symmetrical Triangle Pattern . According to chart pattern analysis, we might see some upside in AUDUSD from the current level, As Symmetrical Triangle Pattern suggests indecisiveness in trend. One can initiate a long trade with proper risk management and stop loss.

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Vivek_Samale
Vivek_Samale

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.