The breakout of ADAUSD through the 0.4564 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ADAUSD could test 0.4664 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 0.4564 numerous times, ADAUSD has finally broken through. Can we expect a bullish trend to follow?
