FX.co ★ AUD/USD waiting for break of ascending trend line for further drop!

Trading Recommendation

Entry: 0.69578

Reason for Entry: horizontal overlap support, 127.2% fibonacci extension and 61.8% fibonacci retracement

Take Profit: 0.68798

Reason for Take Profit: horizontal swing low support

Stop Loss: 0.70194

Reason for Take Profit: 78.6% fibonacci extension, horizontal swing high resistance