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Forex_Trading_HQ
Jan 21, 2020 7:59 PM

AUDUSD Could Be Going Long Long

Australian Dollar/U.S. DollarFXCM

Description

Looking at the 4H chart, there is a small descending channel.
Price is currently testing a key area of demand whilst also coming close to a bigger ascending trendline.

If price is rejected from the support area and manages to break the descending channel then the pair is looking very bullish.

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