FX.co - AUDUSD holding above ascending trendline support

7 April 2020 at 8:06AM (UTC+0)

Long-term review

Trading Recommendation

Entry: 0.60754

Reason for Entry: 50.0% Fibonacci retracement, Ascending trendline support

Take Profit : 0.63525

Reason for Take Profit: -27% Fibonacci retracement

Stop Loss: 0.59836

Reason for Stop loss: 50% Fibonacci retracement, Graphical swing low

*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 holding above ascending trendline support