AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461 within the next 22 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
AUDUSD – breach of a trending support line that has been tested at least twice before.
