⚡️AUDUSD CMC TRADING ⚡️ ASCENDING CHANNEL
AUDUSD has established an ascending channel, and there are indications of a potential downward momentum, particularly with the development of its fifth impulsive wave. This observation is reinforced by the trend breakout that occurred on the 15-minute timeframe. There is a likelihood of a retracement back towards a previously identified key level in the near term.
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