Either a rebound or a breakout imminent on AUDUSD

Past performance is not an indicator of future results.
AUDUSD is heading towards the resistance line of a Ascending Triangle. If this movement continues, we expect the price of AUDUSD to test 0.6939 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.