Wedge has formed after respite back to 4h 100 EMA.
Should price break out to downside -> short term trend continuation
Should price break out to upside, which i think is is more likely -> short term target 1h EMA and probabely higher prices if AUD closes above 1h EMA. (Watch out for a false breakout at 30 min EMA)
Should price break out to downside -> short term trend continuation
Should price break out to upside, which i think is is more likely -> short term target 1h EMA and probabely higher prices if AUD closes above 1h EMA. (Watch out for a false breakout at 30 min EMA)