AUDUSD: changes channel to trend

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Since December last year, the price has been moving between the two main price levels 0.758 and 0.781. Except for the breakout at the beginning of the year, when it peaked since 2018. However, there are also two trend lines on the chart. At the same time, the support line was formed in January 2020. Now we can expect that the price will touch it at the point 0.763 and will not fall to the lower price level.
SL - 0.781.

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Feragatname

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