AUD/USD counter trendline breakout. Further drop expected!

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Trading Recommendation

Entry: 0.66566

Reason for Entry: 38.2% Fibonacci Retracement, Descending trendline resistance.

Take Profit: 0.64345

Reason for Take Profit: Horizontal Swing Low

Stop Loss: 0.67335

Reason for Stop loss: 50% Fibonacci Retracement

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