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ADAUSD is approaching 1.0774. We expect either a breakout through this line, or a rebound.

ADAUSD is heading towards a line of 1.0774. If this movement continues, the price of ADAUSD could test 1.0774 within the next 14 hours. 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.

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