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After testing 0.6545 numerous times, AUD/USD has finally broken through. Can we expect a bullish trend to follow?

The breakout of AUD/USD through the 0.6545 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUD/USD could test 0.6586 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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We expect GBPUSD to trend downwards right now.

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