FX.co - AUD/CAD approaching resistance, potential drop!

2020-04-21T01:48:28

Relevance until2020-04-22

Trading Recommendation

Entry: 0.90233

Reason for Entry: horizontal swing high resistance, 127.2% fibonacci extension and 88.6% fibonacci retracement

Take Profit : 0.88157

Reason for Take Profit: Horizontal pullback support, 38.2% fibonacci retracement and 61.8% fibonacci extension

Stop Loss: 0.91483

Reason for Stop loss: Horizontal swing high resistance

*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/CAD approaching resistance, potential drop!