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03.09.2019 09:04 AM
AUD/USD preparing for a big drop, are you ready?

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We are bearish fundamentally and technically with 0.6709 the key level to break to trigger the drop all the way down.

Entry: 0.6709

Why it's good : 61.8% extension, horizontal swing low support, bearish momentum, bearish fundamentals.

Stop Loss : 0.6728Why it's good : Horizontal swing high resistance, 23.6% fibonacci retracement

Take Profit : 0.6692

Why it's good: major swing low support

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Dean Leo,
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