AUDUSD has become a daily correction pattern. The reason is that the correction trend line of the daily rising wave cannot be maintained and is broken. If the current rebound becomes a small correction pattern, there may be a downtrend, so please take a good look at it. If so, the target expects the weekly demand zone to reach near.
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Disclaimer
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.