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The AUDUSD breached the top of a bearish correctional channel -Analysis-24-06-2025
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The AUDUSD breached the top of a bearish correctional channel -Analysis-24-06-2025
Jun 23, 2025 9:14 PM

The (AUDUSD) price extended its gains in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, surpassing the top of a bearish correctional channel that limited the last trading on the short-term basis, attempting to surpass the negative pressure of the EMA50, reinforcing the strength of this area as a resistance that prevent extending the gains easily, to create a strong chance for some of the correctional rebounds that target gathering gains and resuming the rise.

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