FX.co - AUDUSD holding above trendline support and looks for further upside!

3 June 2020 at 3:28AM (UTC+0)

Long-term review

Trading Recommendation

Entry: 0.68984

Reason for Entry: Ascending trendline support, 23.6% Fibonacci retracement, moving average

Take Profit : 0.70823

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.68015

Reason for Stop loss: 50% 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 and looks for further upside!