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After testing the support line numerous times, AUDNZD is once again approaching this line. Can we expect a bearish trend to follow?

The movement of AUDNZD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 10 hours, 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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