ADAUSD is heading towards a line of 0.7876. If this movement continues, the price of ADAUSD could test 0.7876 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.
ADAUSD is approaching 0.7876. We expect either a breakout through this line, or a rebound.
