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BTCAUD is approaching 45556.4492. We expect either a breakout through this line, or a rebound.

BTCAUD is heading towards a line of 45556.4492. If this movement continues, the price of BTCAUD could test 45556.4492 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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We may be expecting a $101.516 movement on USDCAD within 2 hours following the event release at 17 May 23:50.

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