AUDUSD is trending to the upside currently prior to the USD Redbook Index Data, which gives a sales weighted index of over 9,000+ stores. Technically the pair has broken the corrective pattern, is holding trendline support, and the RSI is bullish. We anticipate continued upside into the 0.76300 level.
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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.