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							AUDUSD broke ascending channel
						
						
							
	
	
	
		
			
	
		
	
	
	
		
		
		
		
		
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AUDUSD recently made a false break by printing pinbars .
The price is likely to test the resistance zone since the price broke and closed below the ascending channel .
The market is consolidating on the 4H timeframe following a sell off.
We expect a bearish move.
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