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A Channel Down has formed, AUD/USD is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

Should we expect a breakout or a rebound on AUD/USD?
The movement of AUD/USD towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 16 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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