Breach of 0.6937 could mean a start of a bearish trend on AUD/USD

AUD/USD has broken through a line of 0.6937. If this breakout holds true, we expect the price of AUD/USD to test 0.6920 within the next 6 hours. 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.