Emerging Descending Triangle detected on AUDUSD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 0.65585 and it is expected to move to 0.6543.
AUDUSD is approaching a support line of a Descending Triangle. It has touched this line numerous times in the last 8 days.
