AUDUSD is bouncing from the support prior to the USD 3 Month bill auction, which reveals the yield on the bill. Technically the pair is at structure support as well as trendline support, and the RSI is showing bullish signs. We anticipate continued upside into the 0.7380 level.
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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.