Chart Forecast: AUDUSD Ascending Channel Broken

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AUDUSD

AUDUSD pair is giving a good opportunity for a sell trade. We have good possibilities for price dropping below to our first target area @0.70650 level.

Price is around a strong resistance zone which is more visible on the higher timeframe like Weekly and Monthly timeframe. Our overall target for AUDUSD is @0.68000 which is about +500pips profits to the downside

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