Last month's candle tested the range of the previous month's candle, moved higher, and closed higher which confirms the short-term directional bias of AUDUSD is Bullish. Next target is around 0.69000 (Double top) level.
**Weekly Chart (Bullish)**
Last week candle opened at the high of the previous week and then closed higher. Leaving us without having a chance of buy on lower time frames. Therefore, the directional bias for the week is bullish.
**Daily Chart (Bullish)**
After it bounced from the demand zone at around 0.64500 level on 17.11.2023, this pair had a very small swing and moved upward fast.
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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.