Good day traders!
Looking at AUD/USD chart on the daily time frame. It seems that price have bounced off the support line extended from point A and B. At C we see a pin tail candle that is giving us a signal to buy. Currently, the price is battling the 21ema on the daily time frame. Ability to cross that would take the pair higher to at least 1.335 level, next resistance at 50 ema. Current price at 1.0293.