AUDUSD Stuck In A Triangle, Possible Reversal Near The 0.7630 Zone

Discussion in 'Technical Analysis' started by Kaitlin, Sep 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    On the 1H chart of AUDUSD we are observing a higher degree complex correction taking place known as a triangle, with price now trading in minor red wave W) as part of a double zig-zag pattern. As such we believe more upside may follow into wave E-circled, ideally towards the[​IMG]

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