AUDUSD coming close to ascending trendline support! Bounce expected!

Trading Recommendation

Entry: 0.68456

Reason for Entry:

78.6% Fibonacci retracement, ascending trendline support

Take Profit: 0.68926

Reason for Take Profit:

38.2% Fibonacci retracement

Stop Loss: 0.68118

Reason for Stop Loss:

-27.2% Fibonacci retracement