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Monday, August 23, 2021

AUDUSD WATCH ON DESCENDING CHANNEL!

AUDUSD WATCH ON DESCENDING CHANNEL!

AUDUSD pair price is moving down in a descending channel . Now the price is testing a strong support zone coming from below. We may see the price moving higher again as after the retest of the support line it created a small pin bar candle. Actually, the price broke out of the Friday high and it is keeping the bullish momentum.
Long bias invalidated when price trading below 0.7120


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