Breach of 0.0330 could mean a start of a bearish trend on ADAUSD

ADAUSD has broken through a line of 0.0330. If this breakout holds true, we expect the price of ADAUSD to test 0.0306 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.