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AUDUSD closed below its rising wedge at 0.71572 and fell back above it this bar. The break failed. A close back below 0.71572 would change that.

AUDUSD=X · DAILY · read on 2026-09-02 · Closed below 0.71572 1 day ago, then closed back above it this bar. The break failed.

What the read found

Trend: a series of higher highs and higher lows over the window, 3 steps across 47 bars, still intact
Formation: rising wedge — Closed below 0.71572 1 day ago, then closed back above it this bar. The break failed.
Decides above: 0.72080 (the rising wedge)
Decides below: 0.71572 (the rising wedge)
Resistance: 0.72742
Support: 0.69156
Support: 0.68633
Level history: The last three times price reached 0.72742 it held every time, bouncing 2.7% on average.
Level history: The last two times price reached 0.69156 it held every time, bouncing 2.1% on average.
Level history: The last three times price reached 0.68633 it held every time, bouncing 2.9% on average.

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Every figure on this page was computed from the real candles up to 2026-09-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns