ElemontFX
Long

AUDUSD POTENTIAL BREAKOUT + FORECAST

FX:AUDUSD   Australian Dollar/U.S. Dollar
48 0 2
AUDUSD             is trying to break above its local             downtrend. If price continues it should retest near the high around 0.77-0.78. If price fails to break through we expect it to head back down towards the uptrend line.

Two nice trade setups here. Follow the trendlines .
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