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AUD/USD – breach of price line thats been previously tested numerous times before

AUD/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 2 days and suggests a possible target level to be around 0.7015 within the next 6 hours.

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There is a 71.43% chance of AUDUSD trending downwards

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