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FX.co ★ AUDUSD approaching resistance, potential big drop coming!

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Forex Analysis:::2019-10-25T03:39:55

AUDUSD approaching resistance, potential big drop coming!

Entry: 0.68307

Why is it good: Previous breakout level, horizontal pullback resistance

Take Profit: 0.68012

Why is it good: horizontal pullback support, 38.2% fibonacci retracement, 100% fibonacci extension

Stop loss: 0.68492

Why is it good: 50% fibonacci retracement

Analyst InstaForex
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