ADAUSD has broken through a line of 0.8911 and suggests a possible movement to 0.8624 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
Big movement possible on ADAUSD after a breach of 0.8911
