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After testing 0.6660 numerous times, AUD/USD is once again approaching this price point. Can we expect a bullish trend to follow?

AUD/USD is moving towards a line of 0.6660 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUD/USD continues in its current trajectory, we may see it move towards 0.6660 within the next 16 hours.

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