AUDUSD is experiencing a rejection/bounce from the demand zone, which indicates a potential continuation of significant bullish momentum toward the classic resistance area. On the daily chart, a Double Bottom pattern is also forming, further supporting the upside potential.
Recommendation:
- Buy AUD/USD
- Entry: 0.65202
- Take Profit : 0.65983
- Stop Loss : 0.64817
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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