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ADAUSD – approaching a price line that has been previously tested numerous times in the past

ADAUSD is heading towards 0.4383 and could reach this point within the next 11 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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