AUDUSD - Steady Uptrend with Strong Support ? AUD/USDOANDA:AUDUSDKevinn_Nguyen👋Hello everyone, what do you think about the trend of AUDUSD ? AUDUSD has maintained a steady uptrend over the past few months, primarily consolidating in a defined price channel, with the price holding above key support levels. Technically, the pair is currently testing the support zone that aligns with the ascending trendline. This trendline has proven to be a reliable support in the past and continues to be a focal point. On the other hand, the Australian dollar benefits from a favorable economic outlook and rising commodity prices, which bolster investor confidence in the currency. Meanwhile, the U.S. dollar remains under pressure due to concerns over economic growth and the potential policy adjustments by the Federal Reserve. With these two factors in play, I remain optimistic about this currency pair. 💬How about you?