AUD/USD: Aussie stumbled aross the wedge
On the AUD/USD daily chart, the rise towards 0.78 continues. There is a target 88.6% of the inverted pattern "Shark". Former resistance at 0.767 now serves as a key support. If the "bulls" manage to keep the quotes above this level, the chances of the further rise will increase significantly.
On the AUD/USD hourly chart, formation of the expanding wedge pattern creates prerequisites for a correction. If the "bulls" fail to hold support at 0.767, the breach of 0.764 will increase the risk of the downfall towards 0.7585 and 0.755.
BUY 0,767 SL 0,7615 TP 0,78
SELL 0,764 SL 0,7695 TP1 0,7585 TP2 0,755