On the 15-minute chart, if AUD/USD pulls back to the current support level, there’s a strong possibility of a rebound. This support has held well in previous sessions, and a bounce from this zone could signal a bullish move. However, it’s important to watch for confirmation with bullish candlestick patterns or volume increase before considering entry. A break below this support would invalidate the bullish outlook.
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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.