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AUD/USD: Descending Triangle

AUD/USD, 1 hour    LONG 3 days ago
It looks like a descending triangle is encountered and the price needs a more move as an information of a breakout. A descending triangle can be thought of as a technical bullish price action signal that results in a bullish price move in case if price breaks above resistance. AUD/USD is bullish and en route to 0.648 once beyond 0.6476.
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