AUDUSD Analysis 7/29/21

Hello traders, this is my analysis on AUDUSD. I am anticipating price to rise up. Price dropped down to retest the 0.786 on the fib tool and retested it from that area on the fib tool.

Also, looks like a curved double bottom on the 8 HR TF. I want price to retrace and retest the 0.618 area on the fib tool before climbing up.

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Trade at your own risk…