The breakout of ADAUSD through the 0.3519 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ADAUSD could test 0.3410 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 0.3519 numerous times, ADAUSD has finally broken through. Can we expect a bearish trend to follow?
