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AUD/USD is approaching 0.7200. We expect either a breakout through this line, or a rebound.

AUD/USD is heading towards a line of 0.7200. If this movement continues, the price of AUD/USD could test 0.7200 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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We expect BO to trend downwards today with a 71.43% chance.

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US30 moves lower to 34,605 in the last 5 hours.

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