AUDUSD Potential Long Opportunity

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This pair has broken through the most previous level of resistance, and has hit the next level of resistance around 0.70800. I'll be looking for price to pullback around the 61.8% retracement which lines up with structure for a long trend continuation trade. I'll also be looking for RSI to be oversold.

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ملاحظة

This is also a head and shoulders pattern!

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ملاحظة

Price has broken through resistance. I will still be waiting for a pullback to get involved.