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

AUDUSD holding above trendline support and looks for further upside!

AUDUSD holding above trendline support and looks for further upside!

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
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