empty
 
 
25.06.2019 05:52 AM
AUD/USD reversed off resistance, potential drop!

This image is no longer relevant

Price reversed off its resistance where we expect to see it drop further to its support at 0.6936.

Entry : 0.6964

Why it's good : 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap resistance

Stop Loss : 0.7013

Why it's good : 100% Fibonacci extension, horizontal swing high resistance

Take Profit : 0.6936

Why it's good : 50% Fibonacci retracement, horizontal pullback support

This image is no longer relevant

Dean Leo,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback