AudUsd is making a bullish structure in the more recent timeframes. Based of specific patterns, I'd say this inclines to be an expanding triangle, which price just broke above, and it seems to stay above, after failing to go lower lows near the top. Price broke above, made a retest and I think it is more wise to buy after it made a positive reaction to this well known expanding triangle pattern.
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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.