AUDUSD had a break of structure on the higher time frames such as 4hr and daily and has retraced back into a strong support level at 0.64800. It has provided a bullish engulfing confirmation on the 1hr with a double bottom break and retest of its neckline on 15min timeframe therefore making it a good opportunity to buy now and if 0.65370 level is broken we will see an upside push up to 0.66300 level.
Trend Analysis

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