Breach of resistance could mean a start of a bullish trend on AUD/USD

AUD/USD has broken through a resistance line of a Flag chart pattern. If this breakout holds true, we may see the price of AUD/USD testing 0.7006 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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Breach of resistance could mean a start of a bullish trend on AUD/USD

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