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AUD/USD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of 0.656.

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We are taking profit boys
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AUDUSDBullish PatternsbuyChart PatternsforecastForexLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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