Either a rebound or a breakout imminent on AUDUSD

Past performance is not an indicator of future results.
AUDUSD is heading towards a line of 0.6931. If this movement continues, the price of AUDUSD could test 0.6931 within the next 6 hours. 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.