Main Quotes Calendar Forum
flag

FX.co ★ AUD/USD dropping perfectly from our selling area, remain bearish

parent
Forex Analysis:::2016-12-07T13:29:06

AUD/USD dropping perfectly from our selling area, remain bearish

Price reacted perfectly below our major resistance at 0.7500 (Fibonacci projection, horizontal resistance, Fibonacci retracement) and we expect a continued drop to at least 0.7370 (Fibonacci retracement, Fibonacci projection, horizontal swing low support).

RSI (34) remains below major 61% resistance.

Sell below 0.7500. Stop loss at 0.7557. Take profit at 0.7370.

AUD/USD dropping perfectly from our selling area, remain bearish

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...