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EURAUD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 11 days.

The movement of EURAUD towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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Is the extremely large movement on MRNA a sign of things to come?

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Because ASX 200 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

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