Since April 2020, the price has been in a growing channel.
After the price broke through the support 0.717 in November, there was not a single breakout in the channel.
Another important chart line: resistance from February 2020.
Last week the price dropped from the resistance zone of 0.801.
She came to support 0.770.
I expect first a correction to the line and then a rise to resistance.
The target is 0.809.

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AUDUSDForexLONGTrend Analysis

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