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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 approaching resistance, potential big drop coming!

Entry: 0.68307

Why is it good: Previous breakout level, horizontal pullback resistance

Take Profit: 0.68012

Why is it good: horizontal pullback support, 38.2% fibonacci retracement, 100% fibonacci extension

Stop loss: 0.68492

Why is it good: 50% fibonacci retracement

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