AUDUSD Descending Channel Broken...

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has been travelling in a descending channel , however it has broken out to the upside. Another few confirmations of a long trade was the Higher High made and the major support zone price just tested and bounced from which caused it to breakout of the channel. Price will now come down to retest the channel, and then make its way up to 0.70100 region.


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