Aurum Markets Blog Technical Analysis AUDUSD – Continuation Chart Pattern – Rectangle

AUDUSD – Continuation Chart Pattern – Rectangle

AUDUSD – Continuation Chart Pattern – Rectangle post thumbnail image

Emerging Rectangle 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 0.64297 and it is expected to move to 0.6396.

Target: 0.6396 Entry: 0.643 Stop: 0.6469

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