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FX.co ★ AUD/USD facing bearish pressure, potential for further drop

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Forex Analysis:::2020-06-10T04:45:24

AUD/USD facing bearish pressure, potential for further drop

AUD/USD facing bearish pressure, potential for further drop

Trading Recommendation

Entry: 0.69850

Reason for Entry: 61.8% fibonacci retracement and 61.8% fibonacci extension, Horizontal pullback support

Take Profit: 0.68952

Reason for Take Profit: Horizontal swing low support

Stop Loss: 0.70157

Reason for Take Profit: 78.6% fibonacci retracement

Analyst InstaForex
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