AUD/USD Falling Wedge Opportunity
Scott Barkley | Apr 19, 2022 08:48AM ET
AUD/USD is currently at 0.7366.
We have the first sign of a breakout up out of the Falling wedge and are looking for a move to the ATR target at the 0.7481 area.
Watch the USDX for any change in direction. The ATR for the pair currently is 68 pips per day and its 180 day average is 68 pips per day.
At time of writing USDX was attempting to move down.
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