A possible start of a bearish trend on AUDUSD

AUDUSD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of AUDUSD testing 0.6897 within the next 22 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

Past performance is not an indicator of future results.
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