AUD/USD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.6466 may materialize within the next 2 days.
After testing support twice in the past, AUD/USD has finally broken through. Can we expect a bearish trend to follow?
