AUD/USD Confirms Bearish Wedge Pattern
AUD/USD Confirms Bearish Wedge Pattern
The AUD/USD pair has confirmed a bearish wedge pattern, suggesting that USD dominance may grow further as focus shifts back to peace talks between Ukraine and Russia. Let's hope for a positive outcome this time. This renewed focus is supporting the strength of the USD.
Additionally, lingering tariff issues continue to make the USD volatile, pushing it up and down, although overall, the US economy is performing well. Given the relatively empty economic calendar, AUD/USD may correct within its current zone before potentially moving down to the 0.6300 and 0.6250 levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
The AUD/USD pair has confirmed a bearish wedge pattern, suggesting that USD dominance may grow further as focus shifts back to peace talks between Ukraine and Russia. Let's hope for a positive outcome this time. This renewed focus is supporting the strength of the USD.
Additionally, lingering tariff issues continue to make the USD volatile, pushing it up and down, although overall, the US economy is performing well. Given the relatively empty economic calendar, AUD/USD may correct within its current zone before potentially moving down to the 0.6300 and 0.6250 levels.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Transaction en cours
AUDUSD - Target_1 Reached
Trade fermée: cible de profit atteinte
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.