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FX.co ★ AUD/USD right at selling area, time to sell

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Forex Analysis:::2016-09-28T07:44:14

AUD/USD right at selling area, time to sell

The price is now at 0.7680 resistance (Fibonacci projection, Fibonacci retracement, horizontal pullback resistance) and we expect a pullback from this level to 0.7600.

RSI (34) is still below 67% resistance and pullback resistance.

Sell below 0.7680. Stop loss is at 0.7735, take profit lies at 0.7600.

AUD/USD right at selling area, time to sell

Analyst InstaForex
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