AUD/USD has broken through a resistance line of a Channel Down and suggests a possible movement to 0.6757 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
AUD/USD breakout from a Channel Down trade setup. Will it continue this trend to hit the target price?
