AUDUSD Showing head and shoulders! Drop incoming!


Trading Recommendation

Entry: 0.69950

Reason for Entry: Head and shoulders neckline, Moving average resistance

Take Profit: 0.69653

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 0.70146

Reason for Stop Loss: Ascending trendline resistance

The material has been provided by InstaForex Company -