ADAUSD has broken through a support line. It has touched this line at least twice in the last 16 days. This breakout may indicate a potential move to 0.5018 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
ADAUSD broke through a support at 2024-01-17T06:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 0.5018.
