AUDUSD could be an extended correction pattern. If the rebound succeeds in the weekly demand zone, it will be a weekly uptrend, and the goal will be to break the red line near the top.
If you want to buy, look for opportunities in the weekly demand zone.
If you want to buy, look for opportunities in the weekly demand zone.
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The daily uptrend may continue without weekly correction. Since the stock market is in the weekly demand zone, it will make new highs if it rebounds. Therefore, AUDUSD may also rise along with the stock market.