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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 target reached again! Time to play a bounce

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Price has reached our target form yesterday. Today we're looking to play a bounce up to 1st resistance.

Entry: 0.6710

Why it's good : 61.8% Fibonacci extension, 78.6% fibonacci retracement

Stop Loss : 0.6690Why it's good : Enough space for a bounce

Take Profit : 0.6750

Why it's good: Fibonacci extension and retracement, overlap resistance

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