AUDUSD: PULLBACK RETEST LONGS!Australian Dollar vs US DollarFUSIONMARKETS:AUDUSDjinweiangFundamental Narrative: Given the RBA's actions and the dynamic of the USD, I believe that there are still strong driving forces to trade AUDUSD. Recently, the RBA raised the cash rate by 25bps to 4.35%, citing materially stronger inflation pressures, higher fuel and commodity prices from the Middle East conflict, higher short-term inflation expectations, (all similarly to Japan), and an 8–1 vote in favour of the hike. That is clearly AUD-supportive from a rate-differential perspective. We have already seen the result of this move last week, and this rate hike might already be priced in, so fundamentally, this trade still depends on the USD side of things. As seen from my previous analysis, I am still bearish on the USD, given the current de-escalation headlines, improving risk sentiment and an expectation of US data to soften. These are all bullish drivers for AUDUSD. Not much else to say, because I believe these news for AUDUSD has already partly been priced in. Technical Narrative: Currently, we are looking at a very simple long continuation setup. I am looking for a slight pullback to around 0.72280 before entering longs, or if the reader were more aggressive, a long entry at the time of typing this analysis, at 0.72230-35 would be possible as well. Invalidation: 0.71980 (protected by VWAP) Resistance Target 1: 0.72778 Resistance Target 2: 0.73142 Fair winds!