AUDUSD price moves inside Motive wave 3 of Elliott Wave Theory applied and currently caught inside a Descending Triangle. If the price breaches the Breakout01 horizontal line around 0.75000 there is a possibility it will reach the light blue resistance around 0.75400 and will make the Elliott Wave Theory true. If it breaks the Breakout02 golden support around 0.74500 it is possible the price will be bearish and move in a downtrend and it will make the Elliott Wave Theory false.
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