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After testing 0.5290 numerous times, ADAUSD is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of ADAUSD towards 0.5290 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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