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AUD/USD breakout from a Channel Up trade setup. Will it continue this trend to hit the target price?

AUD/USD has broken through a support line. It has touched this line at least twice in the last 24 days. This breakout may indicate a potential move to 0.6595 within the next 5 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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If you’re long US30 you should be aware that 39915.0000 has just been breached – a level tested 3 time in the past

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USD/JPY is currently testing a level of 156.5630. Will the breakout continue or will things reverse?

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