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FX.co ★ AUD/USD surpassed resistance, potential further rise!

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Forex Analysis:::2019-06-27T04:16:16

AUD/USD surpassed resistance, potential further rise!

AUD/USD surpassed resistance, potential further rise!

Price surpassed its resistance and we expect to see a further rise to its next resistance at 0.7012.

Entry : 0.6987

Why it's good : key resistance turned support, horizontal pullback support

Stop Loss : 0.6959

Why it's good : 38.2% Fibonacci retracement, horizontal swing low support

Take Profit : 0.6625

Why it's good : 23.6% & 38.2% Fibonacci retracement, horizontal pullback support

AUD/USD surpassed resistance, potential further rise!

Analyst InstaForex
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