AUDUSD Analysis

AUDUSD may give us a buying opportunity that can emerge once in every 2 or 3 years. After selling pressure and losing value for 5, two things happened at the same time:
1- We have seen Monthly Trendline reached and had a reaction upward fomr here.
2- Also, the price managed to break above 0.7385 level and has activated monthly demand zone(0.72425-0.68270)
We are waiting for possible new daily demand levels to be formed and then we will be loking for buying opportunities to hold.


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