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FX.co ★ AUDUSD broke below trendline. Further push down expected.

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Forex Analysis:::2020-05-06T02:54:45

AUDUSD broke below trendline. Further push down expected.

AUDUSD broke below trendline. Further push down expected.

Trading Recommendation

Entry: 0.64532

Reason for Entry: descending trendline resistance, 61.8% Fibonacci retracement

Take Profit : 0.63729

Reason for Take Profit: Graphical swing low

Stop Loss: 0.64974

Reason for Stop loss: 61.8% Fibonacci retracement

Analyst InstaForex
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