AUDUSD Long
The AUDUSD pair has reached a zone with negligible volume where the price has shown multiple reactions on the weekly chart. A response at this level would be more than reasonable. Looking at the volume in the red circle look it ended the downside pressure at least in the short period.
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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.