BTCAUD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 63240.0614 may materialize within the next 7 hours.
Bulls aim for 63240.0614 after the BTCAUD triggered a bullish formation on the 1 hour chart
