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A Channel Up has formed, ADAUSD is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

ADAUSD is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 20 hours. If it tests this line again, it should do so in the next 6 hours.

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ADBE formed a Channel Up on the 4 hour chart. Retest of support in sight.

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We expect NZDUSD to trend upwards today with a 66.67% chance.

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