FX.co - AUDUSD holding above trendline support! Further rise expected!

2020-07-15T03:17:36

Long-term review

Trading Recommendation

Entry: 0.69930

Reason for Entry: 100% Fibonacci extension, ascending trendline support, moving average support

Take Profit: 0.70141

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.69764

Reason for Stop Loss: 23.6% 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 holding above trendline support! Further rise expected!