USDAUD: Falling wedge and the near future.
After the previous falling wedge, the price went up as we expected. This is good news for me, the price could rise again after this falling wedge.
Will the price still follow the way I expect after falling wedge?
Recently, the Bollinger Bands shrunk a little bit, and now, it goes broad again. This could mean that the price may have some big changes soon.
Also, the price touched the lower band of the Bollinger Bands. The price could bounce back to the middle soon.
The MACD just made a bullish cross, and RSI recovered from the low area.
Let’s expect the price to go up
Will the price still follow the way I expect after falling wedge?
Recently, the Bollinger Bands shrunk a little bit, and now, it goes broad again. This could mean that the price may have some big changes soon.
Also, the price touched the lower band of the Bollinger Bands. The price could bounce back to the middle soon.
The MACD just made a bullish cross, and RSI recovered from the low area.
Let’s expect the price to go up
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