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ADAUSD – approaching a price line that has been previously tested numerous times in the past

ADAUSD is heading towards 0.7433 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 312.3400 – read about what this could mean for the future.

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