AUDUSD Analysis:
AUDUSD is standing at the major support area in the higher timeframe weekly chart.
In the 4-hour timeframe chart, AUDUSD is rebounding from the lower low level of the descending channel.
In the smaller timeframe, 30 minutes chart – AUDUSD has broken the top level of the minor descending channel.
After the confirmation of upward movement, AUDUSD buy signal given.
AUDUSD reached the take profit target successfully.
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