Breach of 0.6938 could mean a start of a bullish trend on AUD/USD

AUD/USD has broken through a line of 0.6938. If this breakout holds true, we expect the price of AUD/USD to test 0.6977 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.