AUD/USD has been in a ranging form for around 13hours with no real market trend.
However from looking at the chart we can also see
that we our 2pm candle is bouncing/crossing and testing of our 50 ema which is giving us a potential intraday alert that we could see a potential move to the upside if break this mior Wedge formation / Consolidation.
If we break pass our minor Inntraday support of 0.7300 we could see the chart rally up to 40pips to 0.7340.
However from looking at the chart we can also see
that we our 2pm candle is bouncing/crossing and testing of our 50 ema which is giving us a potential intraday alert that we could see a potential move to the upside if break this mior Wedge formation / Consolidation.
If we break pass our minor Inntraday support of 0.7300 we could see the chart rally up to 40pips to 0.7340.