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BTCAUD has broken out from the Channel Down pattern. Expect it to hit 101016.7530 soon.

BTCAUD has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 101016.7530 within the next 13 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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