Hi there,

AUDUSD is retesting 0.72890 - previous LL.
If it holds this level, then the up trend can begin from here.
If it breaks 0.72890, then AUDUSD will print next LL and continue the downtrend.

However, weekly stochastic shows a possible reversal level for a dipper upward correction or for an up trend.
AUDUSDTrend Analysis

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