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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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AUD/USD drop in progress

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Price coming close to resistance below which a fresh drop is expected..

Entry: 0.67420

Why it's good : 50% Fibonacci retracement, graphical price gap

Stop Loss : 0.67554

Why it's good : 78.6% Fibonacci retracement

Take Profit : 0.6666

Why it's good: 100% Fibonacci extension

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The material has been provided by InstaForex Company - www.instaforex.com