Drilling down through the AUDUSD charts. What are they showing?

Aug 1, 2022
Drilling down through the AUDUSD charts. What are they showing?

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The AUDUSD has been rebounding for the reason that low on July 14 and has moved as much as check the 38.2% of the 2022 vary on the day by day chart.

The hourly chart has proven some up and down volatility of late however some bullish shopping for tendencies.

The 5-minute correction immediately held the 50% however is stalling at a ceiling for the day.

What does the mixed story inform us relating to bias and danger?

The AUDUSD is shifting towards 38.2% goal of the 2022 vary

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