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 resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 9 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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