Cabana Capitals Blog Technical Analysis AUDUSD breakout through support

AUDUSD breakout through support

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A strong support level has been breached at 0.6567 on the 15 Minutes AUDUSD chart. Technical Analysis theory forecasts a movement to 0.6549 in the next 6 hours.

Supported by Downward sloping Moving Average

Target: 0.6549 Entry: 0.6562 Stop: 0.6576

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