AUDUSD: Falling Wedge – Action Forex
AUDUSD, H4
AUDUSD is in the decline and currently navigating within a falling wedge.
The price is testing the crucial 0.6180 support zone, while the UsDollar strengthened, so two scenarios possible:
- If the price bounces from the 0.6180 support it may rise to the upper border at the 0.6255 level.
- However, breaking below the 0,6180 support will trigger a decline toward 0.6100
