Aud/Usd has rejected the lows of 0.70 a couple of times now
Data releases out of Australia point to a recovering economy, so the pair should go up
(what can't go down must go up)
We see a break of a downward trendline on the weekly chart:
https://www.tradingview.com/x/7bJ1eFfa/
The trendline has now acted as support after the upward break, and should the pair bullish again
On the daily chart we can see some kind of closing wedge pattern forming above weekly trendline
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