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Breach of 0.7195 could mean a start of a bullish trend on AUD/USD

AUD/USD has broken through a line of 0.7195. If this breakout holds true, we could see the price of AUD/USD heading towards 0.7208 within the next 5 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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Important price line breached by LTCUSD. This price has been tested numerous times before.

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After experiencing a 3.29% bearish move in the space of 16 days, nobody knows where AUS200 is headed.

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