Long-term and short-term analysis of the Australian dollar's performance against the US dollar.
AUD/USD: confirmed 'Triple Bottom'
Information is not investment advice
There's a 'Triple Bottom', which has been confirmed. Also, we've got a 'V-Bottom', so the market is likely going to reach the previously tested resistance at 0.7205. If a pullback from this level happens little later on, there'll be an opportunity to have a decline in the direction of the nearest support at 0.7115.
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