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AUDUSD Breaks Resistance: Retest 0.67000, Target 0.68000
The AUDUSD price movement on the daily chart has broken through a strong resistance zone, signaling potential bullish momentum. Following this breakout, we can expect the price to retest the 0.67000 level before continuing its upward trajectory towards the 0.68000 level. Traders are closely watching for this retest as a confirmation of the breakout, providing a strategic entry point with favorable risk-reward potential. This technical setup suggests a promising opportunity for gains as the market responds to the newly established support level.
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