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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. Further push up expected!

analytics5e93d3bf191e5.jpg

Trading Recommendation

Entry: 0.63022

Reason for Entry: 38.2% Fibonacci retracement, moving average and ascending trendline support

Take Profit : 0.64160

Reason for Take Profit: -27.2% Fibonacci extension

Stop Loss: 0.62092

Reason for Stop loss: 61.8% Fibonacci retracement

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