Technical reason for closing AUDUSD trade

AUDUSD broken the bottom level of the Ascending channel.

After breakout, market re-tested the breakout level and keep moving up and down between the entry price level for long time.

As per our signal rules, if the market is moving between the entry price level for long time (2 days), we recommend our traders to move their SL to entry price (or) to close the trade position at entry price level (break even).

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