AUDUSD is moving in an ascending channel between the trend lines.
After reaching the dynamic resistance three times, the chart went for a pullback.
We think that the price will continue to strive for the lower boundary of the channel.
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After reaching the dynamic resistance three times, the chart went for a pullback.
We think that the price will continue to strive for the lower boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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This gives us the opportunity to expect the decline to continue.
The final target is 0.652 - the support level.