AUD/USD - Break or Bounce on this 4HR key level?

AUD/USD -

We can see multiple rejections of 1.78 and our trendline used as dynamic resistance twice after a break of the ascending channel.

Price currently testing a key 4HR level. Drawn are two potential price paths.
analysisAUDUSDbreakChart PatternsDouble TopForexfxaxeTechnical IndicatorslevelsstructuretradingTrend Analysis

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