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FX.co ★ AUDUSD is approaching resistance, potential drop!

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Forex Analysis

2020-11-24T08:00:46
iconRelevance until2020-11-25

AUDUSD is approaching resistance, potential drop!

AUDUSD is approaching its resistance at 0.73207 in line with our 78.6% Fibonacci retracement level, where it could potentially drop even further to our support level at 0.72906 in line with our 50% Fibonacci retracement level. We may be seeing a bearish reversal at the resistance level.

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