AUD/USD could PUMP today!

AUD/USD is about to rise⁉️

After a breakout of the previous falling wedge and retest AUD/USD just violated the previous high at a key-resistance-zone and could continue the climb.
With an increase of volume and more bullish confluence we could see a very strong move to the upside.

Keep in mind that we`ll get to see the FOMC-Meeting today!

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Peace and good trades
Irasor

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ความคิดเห็น:

German GDP caused a little bit of fear in the market and so a sell-off in the stock-market with the market-opening.

Looking at AUD/USD you can see a correction which is the 4th Wave of the entire Impulse-Wave after the breakout of the falling Wedge.

I chose a wide stop-loss because I expected a bit of uncertainty and watch this trade carefully.