The movement of AUD/USD towards 0.7010 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 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 0.7010 numerous times, AUD/USD is once again approaching this price point. Can we expect a bearish trend to follow?
