Should we expect a breakout or a rebound on AUDUSD?

Past performance is not an indicator of future results.
The movement of AUDUSD towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 18 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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