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AUD/USD likely to test 0.6531 in the near future. Where to next?

AUD/USD is heading towards 0.6531 and could reach this point within the next 23 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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After experiencing a 25.25% bullish move in the space of 24 days, nobody knows where ETHEUR is headed.

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