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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 long term ascending support!

analytics5f15371bc05ed.jpg

Trading Recommendation

Entry: 0.69808

Reason for Entry: Ascending trendline support

Take Profit: 0.70043

Reason for Take Profit: Recent swing high

Stop Loss: 0.69736

Reason for Stop Loss: 61.8% Fibonacci extension, 78.6% Fibonacci retracement

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