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

AUD/USD has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of AUD/USD to test 0.6804 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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US30 – approaching a resistance line that has been previously tested at least twice in the past

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