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AUD/USD – approaching a price line that has been previously tested numerous times in the past

AUD/USD is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.

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Support line breached by NAS100. This price has been tested at least twice before.

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