FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has rebounded very strongly, but is still in the daily supply zone with a correction pattern. In particular, it should settle above the blue support line in the center of the chart for a transition to an uptrend. However, if it stays down again, this line will act as a very strong resistance line. Then the floor will have to be renewed again.
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.