Big movement expected on AUDUSD

Past performance is not an indicator of future results.
AUDUSD has broken through a support line of a Triangle and suggests a possible movement to 0.7171 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.

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