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FX.co ★ AUD/USD target reached! Time to play another drop!

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Forex Analysis

2019-08-29T08:32:23
iconRelevance until2019-08-30

AUD/USD target reached! Time to play another drop!

AUD/USD target reached! Time to play another drop!

Price has reached our target from yesterday. Today we're seeing it test 0.6745 resistance and a reaction below this level would push prices to 0.6732 target.

Entry: 0.6745

Why it's good : 23% Fibonacci retracement, bearish channel, Bearish fundamentals.

Stop Loss : 0.6753Why it's good : Swing high resistance, fibonacci retracement.

Take Profit : 0.6732

Why it's good: Fibonacci extension and retracement, swing low support.

AUD/USD target reached! Time to play another drop!

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