LONG AUDUSD
As can be seen in the AUDUSD chart, the price returned after hitting the TR1 trend line, which is also the bottom line of the channel, and price is currently on the resistance level at 0.6960 and the TR2 trend line. We expect to have a strong movement towards the top of the channel (TR3 trend line) if the resistance level and trend line TR2 are broken.
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