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05.09.2019 06:47 AM
AUD/USD right on big resistance, prepare for a drop!

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AUD/USD is approaching big resistance at 0.6829 where we expect a big reversal.

Entry: 0.6829

Why it's good : horizontal overlap resistance

100% Fibonacci extension

38.2% Fibonacci retracement

Take Profit : 0.6786

Why it's good: horizontal pullback support, 23.6% fibonacci retracement,61.8% Fibonacci extension

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Dean Leo,
Analytical expert of InstaForex
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