Either a rebound or a breakout imminent on AUD/USD
AUD/USD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of AUD/USD to test 0.6930 within the next 3 days. 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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