BIG BUY Coming For AUD/USD

The AUD/USD currency pair has been experiencing a significant decline, forming a pronounced downtrend as it nears the neckline of a substantial daily double-bottom pattern. Traders and investors are closely observing the 0.65981 area for a potential rebound. There is particular interest in establishing a long swing position with the expectation of a price movement toward March 2023 high at 0.71577.

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