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AUD/USD is quickly approaching 0.6755. We expect either a breakout through this line, or a rebound.

AUD/USD is heading towards a line of 0.6755. If this movement continues, we expect the price of AUD/USD to test 0.6755 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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