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AUDUSD Broke Above 0.7834 Resistance

AUDUSD recently broke above a major resistance at the April 2016 high of 0.7834, indicating that the sideways movement in the range between 0.7144 and 0.7834 is complete. The AUDUSD pair stays above a bullish trend line with support at 0.7635 on its daily chart and remains in the uptrend

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