FX.co - AUD/USD drop in progress

2019-08-26T07:22:41

Relevance until2019-08-27

Price coming close to resistance below which a fresh drop is expected..

Entry: 0.67420

Why it's good : 50% Fibonacci retracement, graphical price gap

Stop Loss : 0.67554

Why it's good : 78.6% Fibonacci retracement

Take Profit : 0.6666

Why it's good: 100% Fibonacci extension

AUD/USD drop in progress

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Dean Leo

FX.co ★ AUD/USD drop in progress