The End of the Downtrend for AUD/USD
It looking at the chart, at the .0729 we a major support and very close to it the R1. The price then is likely to either kiss this level and hit back up, or come down to around .723 and hit the P and the trend line (blue).
The COT analysis also indicates that the market sentiment is starting to change to long positions.
The COT analysis also indicates that the market sentiment is starting to change to long positions.
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