AUDUSD – resistance line breached

AUDUSD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 9 days and suggests a possible target level to be around 0.6753 within the next 23 hours.

Past performance is not an indicator of future results.
Losses can exceed deposits.

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