AUDUSD is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
After testing the support line numerous times, AUDUSD is once again approaching this line. Can we expect a bearish trend to follow?
