The breakout of AUD/USD through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of AUD/USD to test 0.6873 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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After testing resistance twice in the past, AUD/USD has finally broken through. Can we expect a bullish trend to follow?
December 6, 2019 6:15 pm
