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AUD/USD Potential Breakout from Descending Trendline
The AUD/USD pair is approaching a critical breakout point from a descending trendline on the 1-hour timeframe. A series of higher lows indicate bullish momentum building up. If price successfully breaks above the trendline resistance, it could trigger a move toward the 0.63200 supply zone.
Key Observations:
Probable Breakout: Price is testing the descending trendline resistance.
Higher Lows Formation: A sign of buyers gaining control.
Risk-to-Reward: The setup targets a 1:2 risk-to-reward ratio.
Lmk your opinions in the comments below🚀
Key Observations:
Probable Breakout: Price is testing the descending trendline resistance.
Higher Lows Formation: A sign of buyers gaining control.
Risk-to-Reward: The setup targets a 1:2 risk-to-reward ratio.
Lmk your opinions in the comments below🚀
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。