FX.co - EUR/AUD testing support, potential bounce

2020-06-05T06:16:34

Relevance until2020-06-06

Trading Recommendation

Entry: 1.62946

Reason for Entry: horizontal overlap support and 38.2% fibonacci retracement

Take Profit: 1.64748

Reason for Take Profit: Horizontal overlap resistance, 61.8% fibonacci retracement

Stop Loss: 1.62171

Reason for Take Profit: horizontal swing low support, 61.8% 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 ★ EUR/AUD testing support, potential bounce