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FX.co ★ AUD/USD 5 Star Trading Signal | Fundamental + Technical Analysis

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Forex Analysis:::2019-05-07T20:15:29

AUD/USD 5 Star Trading Signal | Fundamental + Technical Analysis

AUD/USD 5 Star Trading Signal | Fundamental + Technical Analysis

Sell entry: 0.7058

Why It's Good: We're seeing a lot of resistance at that level, like 100% Fibonacci extension and 38.2% Fibonacci retracement. Strong overlap resistance too.

Stop loss: 0.7089

Why It's Good: Very nice retracement and a horizontal swing high resistance.

Take profit: 0.7012

Why It's Good: Really nice retracement and extension

Analyst InstaForex
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