AUDUSD finally broke out of a recent consolidation phase and will complete a bullish shark on the daily TF once price taps the .7500 level.We should see a clear reversal pattern in the form of a double/triple bottom on the lower timeframes (h1/h4) and a break of the CTL will confirm.
The swing should bring us back to test the .7750 quarter point. Will reassess this market at that point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.