ADAUSD is moving towards a line of 0.3936 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If ADAUSD continues in its current trajectory, we may see it move towards 0.3936 within the next 15 hours.
ADAUSD heading towards a price it has tested 4 times in the recent past.
