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Long

AUDUSD TRENDLINE BREAKOUT AND LEVEL MOVEMENT

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD was travelling following a descending trendline . It broke out above the trend line , came back to retest before making a higher high. This is all confirmation for a long opportunity. A further confirmation is the horizontal resistance zone marked out in a red rectangle that was just broken out of to the upside and retested before going back up.

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