FX.co - AUD/USD on strong support, look for a bounce!

2019-09-09T05:41:54

Relevance until2019-09-10

AUDUSD is seeing strong support above 0.6822, look to play the bounce to 0.6879.

Entry: 0.6822

Why it's good : horizontal overlap resistance

23.6% Fibonacci retracement

Take Profit : 0.6879

Why it's good: 50%% fibonacci retracementStop Loss: 0.6796Why it's good: 38.2% Fibonacci retracement

Horizontal pullback support

AUD/USD on strong support, look for a bounce!

*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 on strong support, look for a bounce!