A start of a bearish trend on AUDUSD

Past performance is not an indicator of future results.
AUDUSD has broken through a line of 0.7177. If this breakout holds true, we expect the price of AUDUSD to test 0.7150 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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