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AUD/USD: Descending Channel

AUD/USD, 1 hour    LONG Mar 29
It seems like a descending channel is almost done, the price asks for an active move as an information of a breakout. A descending channel describes an indicator that often indicates a bullish move if price breaks above resistance. It is not ruled out that a bullish push up towards the 0.67 level will happen on a breakout of the descending channel as risk reversal sheds bearish bias.
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