As mentioned In the previous idea on AUDUSD, the pair had to bounce back due to the sign of a reversal. It broke out of the "downward sloping flag" that was formed at the end of a downtrend. AUDUSD is now looking for big highs within the large upward channel.
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.