AUD/USD Price Analysis: Bulls stepping in and eye a significant correction By ross_burland AUDUSD Technical Analysis
and is higher by some 0.2% at the time of writing after rallying from a low of 0.7169 to a high of 0.7191 so far. The following illustrates the potential for an upside recovery into test the prior lows from current support on the daily time frame and how this might play out on the hourly: where a phase of accumulation could playout for the days ahead.
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