AUD/USD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.

Will AUD/USD have enough momentum to break resistance?
AUD/USD is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of AUD/USD could test 0.6637 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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