Analysis of #AUDUSD


Here we have a confirmed breakout above the downtrend line resistance, we can expect more upside for AUDUSD, especially after today's CPI report, I think the dollar will ease a bit.

I will be looking for a buy entry if the market retrace to my support zone highlighted on my chart, preferably closer to 0.7000, to get in of what could be the start of a new uptrend

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