AUDUSD is recovering from the lows, and it made five legs within the first leg, which points to a bullish change in trend. That said, latest intra-day weakness can be part of a temporary pullback as wave ii, that can stop near the Fib. Ratio of 61.8 (0.6734 area), before uptrend resumes. A new impulse from probable support, and above the upper corrective channel line near 0.679 area would indicate a continuation higher.

AUDUSD, 1h

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