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Bulls aim for 0.3430 after the ADAUSD triggered a bullish formation on the 15 Minutes chart

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.3430 but consider reducing the size of your position as the price gets closer to that target.

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