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FX.co ★ AUDUSD Showing head and shoulders! Drop incoming!

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Forex Analysis:::2020-07-16T02:05:11

AUDUSD Showing head and shoulders! Drop incoming!

 AUDUSD Showing head and shoulders! Drop incoming!

Trading Recommendation

Entry: 0.69950

Reason for Entry: Head and shoulders neckline, Moving average resistance

Take Profit: 0.69653

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 0.70146

Reason for Stop Loss: Ascending trendline resistance

Analyst InstaForex
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