The breakout of AUD/USD through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of AUD/USD to test 0.6815 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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After testing support twice in the past, AUD/USD has finally broken through. Can we expect a bearish trend to follow?
December 9, 2019 2:15 pm
