DeGRAM | AUDUSD growth in the channel

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AUDUSD is in an ascending channel between the trend lines.

The price is moving from the support level, which has already acted as a rebound point, as well as from the lower boundary of the channel and the trend line.

The chart maintains the local upward structure and has formed a harmonic pattern.

On the 1H Timeframe, the indicators indicate that the chart is working out the formed bullish convergence.

We expect the growth to continue in the channel.

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