The formation of Ascending triangle pattern in 4 hourly charts is likely to breakout upwards with high volume.
Stochastic RSI, RSI, and MAcd are showing buying pressure.
Targets are drawn along with the main support.
If the breakout is upwards, easily 30-40 Pips profit in the short term.
NOTE- DYOR before investment, this chart is for educational purpose only...
AUDNZD is testing our first resistance where we might see a reversal below this level to our first support. Stochastic is approaching resistance as well.
