ADAUSD is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If ADAUSD continues in its current trajectory, we could see it reach 0.3548 within the next 5 hours.
Important support line being approached by ADAUSD. This price has been tested numerous time in the last 2 days
