FX.co ★ EUR/AUD testing support, potential bounce

Trading Recommendation

Entry: 1.62946

Reason for Entry: horizontal overlap support and 38.2% fibonacci retracement

Take Profit: 1.64748

Reason for Take Profit: Horizontal overlap resistance, 61.8% fibonacci retracement

Stop Loss: 1.62171

Reason for Take Profit: horizontal swing low support, 61.8% fibonacci retracement