Hello fam here's my point of view about AUDUSD as always this is not a financial advise it's just my point of view , let me know in the comment section what do you think about it :)
Technical perspective :
Price has been trending to the upside for a long long time we currently are about to retest a valid demand level, as you can see the point of control aligns with the potential entry zone
Fundamental :
Commodities do well in inflationary times, a boon to the countries that produce it RBA is still expected to hike this year
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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.