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After testing 0.6901 numerous times, AUD/USD is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of AUD/USD towards 0.6901 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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After testing the support line numerous times, FRA40 is once again approaching this line. Can we expect a bearish trend to follow?

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JPN225 – approaching a support line that has been previously tested at least twice in the past

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