AUD/USD coming up from a rounded bottom

Rounded bottom: The 4H AUD/USD chart shows a market that has completed a rounded bottom. Price has choppily made higher highs and higher lows in the 4H chart. The recent bounce off a pivot area around 1.0270-85 shows respect for the short-term bottom. The rally has also pushed above a couple of…

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AUD/USD coming up from a rounded bottom