FX.co ★ AUD/USD facing pressure from resistance, potential for further drop!

Trading Recommendation

Entry: 0.60988

Reason for Entry: Horizontal swing high resistance, 50% Fibonacci retracement

Take Profit : 0.58870

Reason for Take Profit: 50% Fibonacci retracement, horizontal swing low support

Stop Loss: 0.61684

Reason for Stop loss: Horizontal swing high resistance, 78.6% fibonacci retracement