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AUDUSD | What will be the next price direction?

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD | What will be the next price direction?

As we can see the price is moving within a descending pattern.

After making the "Z" leg down the pattern looks ready.

However, the price can move lower again if it will face
strong resistance close to the trend line.

Pay close attention to how the price will develop there.

Thank you and Good Luck!

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