Either a rebound or a breakout imminent on AUDUSD

Past performance is not an indicator of future results.
AUDUSD is heading towards a line of 0.6995. If this movement continues, we expect the price of AUDUSD to test 0.6995 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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