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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 broke below trendline. Further push down expected.

analytics5eb226e26a298.jpg

Trading Recommendation

Entry: 0.64532

Reason for Entry: descending trendline resistance, 61.8% Fibonacci retracement

Take Profit : 0.63729

Reason for Take Profit: Graphical swing low

Stop Loss: 0.64974

Reason for Stop loss: 61.8% Fibonacci retracement

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