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I'm currently long on the AUD/USD. I'm expecting continued bullish movements towards the upside. I'm having a clear trend line break on the 4hr chart. The trend has been tested and a second counter trend line break on the 15 minute Chart has confirmed that there has been a break in the downtrend. The formation of the bullish head and shoulder pattern along with an engulfing bullish candle above the daily pivot point has given additional confirmation to buy.
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