AUDUSD Analysis: Follow The Price Breakout

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AUDUSD Analysis: Contracting Triangle Pattern

The AUDUSD is currently creating a "Contracting Triangle pattern." Typically, this is a bullish
or bearish continuation pattern, but in this scenario, AUDUSD is presenting both bullish and bearish trading opportunities due to ongoing tariff issues.

Later today, the FOMC Minutes will be in focus, which could further impact the market.

On Tuesday, U.S. President Donald Trump announced his intention to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports. This is the latest in a series of measures that could significantly disrupt international trade

You may find more details in the chart!
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