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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 holding above ascending trendline support! Further push up expected!

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Trading Recommendation

Entry: 0.69156

Reason for Entry: Market entry

Take Profit: 0.69436

Reason for Take Profit: 78.6% Fibonacci extension, recent swing high

Stop Loss: 0.69027

Reason for Stop Loss: 61.8% Fibonacci retracement, ascending trendline support, moving average support

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