AUDCHF Holds Above Key Structure After Bullish Breakout

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AUDCHF Holds Above Key Structure After Bullish Breakout

AUDCHF broke out of a strong structural area located near 0.5630.

The broken resistance was changed to support. The price is testing the new support before moving higher again with targets at 0.5655 and 0.5675.

It will only rise further if the price stays above the current area.

You can find more details on the chart.
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