{"id":12372,"date":"2025-03-25T21:10:12","date_gmt":"2025-03-25T21:10:12","guid":{"rendered":"https:\/\/alchemymarkets.wpengine.com\/?post_type=market_insights&#038;p=9580"},"modified":"2025-05-16T09:27:53","modified_gmt":"2025-05-16T09:27:53","slug":"aud-usd-stuck-in-triangle","status":"publish","type":"market_insights","link":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/","title":{"rendered":"AUD\/USD Elliott Wave: Stuck in Triangle"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Executive Summary<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Trend Bias<\/strong>: The AUD\/USD pair is rallying within a larger <strong>downtrend<\/strong>.<\/li>\n\n\n\n<li><strong>Initial Rally Target<\/strong>: The <strong>0.618 Fibonacci retracement <\/strong>of the H2 2024 decline <strong>near .66<\/strong>.<\/li>\n\n\n\n<li><strong>Resistance to Watch<\/strong>: A trendline shaped from the 2022 low is holding Aussie down.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Current Elliott Wave Analysis<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03-1024x660.png\" alt=\"\" class=\"wp-image-9581\" \/><\/figure>\n\n\n\n<p>The <strong>two-day AUD\/USD price chart<\/strong> indicates the current <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/elliott-wave-theory\/\">Elliott wave count<\/a> is wave ((b)) [triangle] of an ((a))-((b))-((c)) zigzag rally.<\/p>\n\n\n\n<p>Aussie appears to be stuck in the middle of the <a href=\"https:\/\/alchemymarkets.com\/education\/strategies\/symmetrical-triangle-pattern\/\">triangle pattern<\/a> for wave ((b)). After a couple of more ups and downs, the bullish triangle would terminate and lead to a rally in wave ((c)) of the zigzag.<\/p>\n\n\n\n<p>We anticipate wave ((c)) of the zigzag may rally up to the 61.8% <a href=\"https:\/\/alchemymarkets.com\/education\/indicators\/fibonacci-retracement\/\">Fibonacci retracement<\/a> level of the downtrend from H2 2024. This Fib level target is near .6600.<\/p>\n\n\n\n<p>However, there is some resistance holding Aussie down.<\/p>\n\n\n\n<p>First, if you pan back to 2022, there is an old <a href=\"https:\/\/alchemymarkets.com\/education\/guides\/support-and-resistance\/\">support trend line<\/a> that was broken in Q4 2024. When broken, support can act like new resistance. This is exactly what\u2019s been happening here in the early stages of 2025 (see the blue arrows).<\/p>\n\n\n\n<p>That double top high represents the wave ((a)) high of the bullish zigzag. Once Aussie is finished consolidating in this triangle pattern, we suspect it will have gathered enough energy to make a run and break above that new resistance trend line.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bottom Line<\/strong><\/h2>\n\n\n\n<p>AUD\/USD is consolidating in a sideways triangle pattern representing the middle wave of a bullish zigzag. Once the consolidation is over, we are anticipating a rally to break resistance and possibly trend to the 61.8% Fibonacci retracement near .66.<\/p>\n\n\n\n<p>We\u2019ll know another pattern is at play in the expected event that prices don\u2019t break higher and decline below .6186<\/p>\n\n\n\n<p>You might also be interested in\u2026<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-alchemy-markets wp-block-embed-alchemy-markets\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"MOqzeIOadB\"><a href=\"https:\/\/alchemymarkets.wpengine.com\/education\/market-insights\/elliott-wave\/eur-usd-eyes-the-prize\/\">EUR\/USD Eyes the Prize with a Wave 5 Rise [Elliott Wave]<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;EUR\/USD Eyes the Prize with a Wave 5 Rise [Elliott Wave]&#8221; &#8212; Alchemy Markets\" src=\"https:\/\/alchemymarkets.wpengine.com\/education\/market-insights\/elliott-wave\/eur-usd-eyes-the-prize\/embed\/#?secret=sXLH7WvGkN#?secret=MOqzeIOadB\" data-secret=\"MOqzeIOadB\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.<\/p>\n","protected":false},"author":160,"featured_media":12472,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","market_insights_categories":[16],"class_list":["post-12372","market_insights","type-market_insights","status-publish","has-post-thumbnail","hentry","market_insights_categories-elliott-wave"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AUD\/USD Elliott Wave: Stuck in Triangle - Alchemy Markets<\/title>\n<meta name=\"description\" content=\"The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AUD\/USD Elliott Wave: Stuck in Triangle - Alchemy Markets\" \/>\n<meta property=\"og:description\" content=\"The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/\" \/>\n<meta property=\"og:site_name\" content=\"Alchemy Markets\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-16T09:27:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1324\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minuti\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AUD\/USD Elliott Wave: Stuck in Triangle - Alchemy Markets","description":"The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/alchemymarkets.com\/it\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/","og_locale":"it_IT","og_type":"article","og_title":"AUD\/USD Elliott Wave: Stuck in Triangle - Alchemy Markets","og_description":"The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.","og_url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/","og_site_name":"Alchemy Markets","article_modified_time":"2025-05-16T09:27:53+00:00","og_image":[{"width":1324,"height":853,"url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/","url":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/","name":"AUD\/USD Elliott Wave: Stuck in Triangle - Alchemy Markets","isPartOf":{"@id":"https:\/\/alchemymarkets.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/#primaryimage"},"image":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/#primaryimage"},"thumbnailUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03.png","datePublished":"2025-03-25T21:10:12+00:00","dateModified":"2025-05-16T09:27:53+00:00","description":"The AUDUSD Elliott wave forecast is for a bullish breakout above the current triangle consolidation. Read more for levels we are following.","breadcrumb":{"@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/#primaryimage","url":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03.png","contentUrl":"https:\/\/alchemymarkets.com\/wp-content\/uploads\/2025\/03\/AUDUSD_2025-03-25_16-06-03.png","width":1324,"height":853},{"@type":"BreadcrumbList","@id":"https:\/\/alchemymarkets.com\/education\/market-insights\/elliott-wave\/aud-usd-stuck-in-triangle\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/alchemymarkets.com\/"},{"@type":"ListItem","position":2,"name":"Market Insights","item":"https:\/\/alchemymarkets.com\/education\/market-insights\/"},{"@type":"ListItem","position":3,"name":"AUD\/USD Elliott Wave: Stuck in Triangle"}]},{"@type":"WebSite","@id":"https:\/\/alchemymarkets.com\/#website","url":"https:\/\/alchemymarkets.com\/","name":"Alchemy Markets","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/alchemymarkets.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"}]}},"_links":{"self":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights\/12372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights"}],"about":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/types\/market_insights"}],"author":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/comments?post=12372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media\/12472"}],"wp:attachment":[{"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/media?parent=12372"}],"wp:term":[{"taxonomy":"market_insights_categories","embeddable":true,"href":"https:\/\/alchemymarkets.com\/it\/wp-json\/wp\/v2\/market_insights_categories?post=12372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}