DeGRAM

DeGRAM | AUDUSD breakout level?

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
After exiting accumulation, the instrument did not return and, after fixing below the border, updated the local low. Having worked out the level of 0.741, it is not going to go up, but turns around to retest the level. According to statistics, levels are most often broken through on retests, so I expect a breakout and a decline to support 0.7335

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