The breakout of BTCAUD through the 166896.7344 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BTCAUD could test 169931.4219 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
If you’re short BTCAUD you should be aware that 166896.7344 has just been breached – a level tested 4 time in the past
