FX.co - AUD/USD counter trendline breakout. Further drop expected!

2020-03-09T03:55:28

Long-term review

Trading Recommendation

Entry: 0.66566

Reason for Entry: 38.2% Fibonacci Retracement, Descending trendline resistance.

Take Profit: 0.64345

Reason for Take Profit: Horizontal Swing Low

Stop Loss: 0.67335

Reason for Stop loss: 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 ★ AUD/USD counter trendline breakout. Further drop expected!