On the daily chart, AUDUSD stabilized and moved upward in the short term. Currently, we can pay attention to the resistance near 0.6780. Once it reaches that level, there may be a chance to form a bearish cypher.
Confirm the length of XA band in the chart Point B is the 38.2%-61.8% retracement of XA band Point C is at most the 113%-141.4% extension of XA band Point D is the 78.6% retracement of XC length Point D is the potential reversal area Target is the 38.2% and 61.8% retracement of CD band Stop loss point is above X (0.6871)
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