Technical analysis:
AUD/USD has been trading upside this morning and I see potential completion of the ABC downside correction, which can be sign for further rally.
Trading recommendation:
Due to potential completion of the ABC on 4H time-frame, I see potential for the upside movement.
Watch for buying opportunities on the pullbacks wit the upside objectives at 0,7185 and 0,7205.
Stochastic is showing oversold condition and fresh bull cross, which is another sign and confirmation for the upside movement.
Support level is set at the price of 0,7090
