AUD/USD is showing a classic Descending Triangle. Don't miss the move.
Bearish continuation pattern.
Consolidation. Can break either way.
Reversal pattern after a downtrend.
A clear signal has emerged for AUD/USD (AUD/USD) on the daily chart. The stock is trading at $0.7, down 0.68% on the day. Our AI has detected a valid Double Bottom pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $0.73, targeting $0.76 with support near $0.71 (R:R 2.0).
What is your outlook on AUD/USD?