AUDUSD reached a solid rising trend line on a daily yesterday. Analysing the intraday price action, we see some bullish clues: the price formed a double bottom pattern on 1H time frame and broke a resistance line of a falling wedge pattern.
I will expect a pullback from the trend line to 0.6707 / 0.6724
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.