Looking at the AUDUSD pair on a Daily chart, we can see they have been in a huge range. The pair also look to be consolidating up against the medium term trend line. I expect the pair to continue down to the bottom of the range, and either break through or bounce.
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.