AUDUSD long idea

the general trending for AAUD/USD is bearish , the price have been printing lows since 7th June to this day , but with the price currently trading at 0.6762 a strong demand zone and failing to break under it , the price formed a double bottom showing a technical potential weakness from the sellers as well we are seeing an intraday bullish market structure being formed at the 1h frame .

so if we get the price to break above 0.6825 and a candle close above it , there is a higher chance for it to continue it's bullish run toward 0.6874 ( a potential move of 50 pips ) this is where the safest buys at .

I hope the indications and analysis are clear .

AAUD/USD

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