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03.09.201909:04 Forex Analysis & Reviews: AUD/USD preparing for a big drop, are you ready?

Exchange Rates 03.09.2019 analysis

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

Exchange Rates 03.09.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Dean Leo,
Odborný analytik spoločnosti InstaForex
© 2007-2021
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