#AUDUSD is showing strong signs of a potential shift back into the Parabolic trend. The recent bounce off the support level at .6720 indicates a bullish momentum in the market. The price movement has now breached the magic support lines, suggesting a possible uptrend continuation. If the current market structure persists, we can anticipate further upward movement towards the .6790 level and potentially beyond. GET FUNDED USING THESE CHARTS [ZERO RISK]
This positive price action aligns with the expectations of traders like Chris, who are closely monitoring the currency pair for potential trading opportunities. The technical analysis points towards a favourable outlook for #AUDUSD as it navigates towards higher price levels, indicating a possible trend reversal in the making.
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