Interesting cup and handle has formed with the AUDUSD. After closing out the short scalp, the AUD bounced rapidly on the back on news about US stimulus which appears to be placing pressure on the USD (DXY is falling as well), now the AUD has broken through strongly.
Cup and handle is usually a very bullish signal.
Cup and handle is usually a very bullish signal.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.