AUD/USD has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a possible target level to be around 0.6596 within the next 2 days.
It’s time to make a decision on AUD/USD – its recent breach of 0.6547 could be a sign of a new trend to follow.
