Aurum Markets Blog Technical Analysis AUDUSD breakout through support

AUDUSD breakout through support

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AUDUSD has broken through 0.6509 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, AUDUSD may be heading towards 0.6462 within the next 3 days.

Supported by Downward sloping Moving Average

Target: 0.6462 Entry: 0.6497 Stop: 0.652

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