AUD/USD bounces further from Jan 11 low but the 10-DMA is magnetic

Monthly RSI is falling and a monthly inverted hammer candle is forming

Monthly tech signals imply correction from Jan 6 high might deepen

Longer-term bulls likely to be patient, let the market come to them

Monthly highs in the August-November period sit in the 0.7400/20 zone

Bids for longer-term bulls likely reside there, broader rally still intact

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