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Monday, July 05, 2021

AUDUSD bullish scenario:

AUDUSD bullish scenario:

In this pair, we have the technical figure Falling Wedge . The Falling Wedge has broken through the resistance line on 06/07/2021. AUDUSD forming a bullish formation on a daily chart . If the price holds above this level we will have possible bullish price movement with a forecast for the next 7 days with a target of 0.7636. If we decide to enter this position our stop loss order should be placed at 0.7444.

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