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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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AUDUSD reacting above trendline support and looks for further upside!

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Trading Recommendation

Entry: 0.66799

Reason for Entry: Ascending trendline support, 23.6% Fibonacci retracement

Take Profit : 0.67560

Reason for Take Profit: -27.2% Fibonacci retracement

Stop Loss: 0.66237

Reason for Stop loss: Graphical swing low, 61.8% Fibonacci retracement

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