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FX.co ★ AUDUSD holding below descending trendline resistance! Drop incoming!

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Forex Analysis

2020-07-24T04:15:11
iconLong-term review

AUDUSD holding below descending trendline resistance! Drop incoming!

AUDUSD holding below descending trendline resistance! Drop incoming!

Trading Recommendation

Entry: 0.71359

Reason for Entry: Descending trendline resistance

Take Profit: 0.70914

Reason for Take Profit: Recent graphical swing low

Stop Loss: 0.71613

Reason for Stop Loss: Recent swing high

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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