ADAUSD is heading towards a line of 0.2593. If this movement continues, the price of ADAUSD could test 0.2593 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
ADAUSD is approaching 0.2593. We expect either a breakout through this line, or a rebound.
