AUDUSD is in an overall 1H uptrend with price retracing at 61.8%, creating a new higher low. Long Wicks indicates that sellers are losing their bearish momentum. On the 15 min chart price created a double bottom pattern.
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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.