AUD/USD has broken through a line of 0.6518 and suggests a possible movement to 0.6464 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 days.
Breach of 0.6518 could mean a start of a bearish trend on AUD/USD
