The breakout of BTCAUD through the 165438.7344 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, BTCAUD could test 162172.5938 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 165438.7344 numerous times, BTCAUD has finally broken through. Can we expect a bearish trend to follow?
