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AUD/USD – approaching a price line that has been previously tested numerous times in the past

The movement of AUD/USD towards 0.6620 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 6 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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AUS200 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 5 days.

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