FX.co - AUDUSD approaching resistance, potential big drop coming!

2019-10-25T03:39:55

Relevance until2019-10-25

Entry: 0.68307

Why is it good: Previous breakout level, horizontal pullback resistance

Take Profit: 0.68012

Why is it good: horizontal pullback support, 38.2% fibonacci retracement, 100% fibonacci extension

Stop loss: 0.68492

Why is it good: 50% fibonacci retracement

*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 ★ AUDUSD approaching resistance, potential big drop coming!