AUDUSD: Looking for more upside this week

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We can see that AUDUSD is still in a strong uptrend with the recent annoucement of rate cut. The price is moving nicely above the trendline.

We can probably expect a pullback back to the first horizontal support level first, if that level is broken, then the trendline support is a good entry.

Looking for upside movement for this week, can be easily 100+ pips!

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