Explore AUDUSD charts. What do they show?

AUDUSD rebounded from the July 14 low and rose to test the 38.2% of the 2022 range on the daily chart.

The hourly chart has shown some upside and downside volatility lately, but some bullish buying tendencies.

Today’s 5 minute correction has held the 50% but stalled at a daily high.

What does the combined story tell us about bias and risk?

AUDUSD heading towards 38.2% 2022 range target


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