The AUDUSD has been rebounding since the low on July 14 and has moved up to test the 38.2% of the 2022 range on the daily chart. The hourly chart has shown some up and down volatility of late but some bullish buying tendencies. The 5-minute correction today held the 50% but is stalling at a ceiling for the day. What does the combined story - and drill down - tell us about the pair's bias and risk levels along with key targets ahead? |
Tags: Featured,newsletter