AUD/USD Broke Major Support, Potential Further Drop!

Price broke past its major support where we expect to see a further drop to its next support. Entry : 0.6939 Why it’s good : 23.6% Fibonacci retracement, horizontal pullback resistance Stop Loss : 0.6963 Why it’s good : horizontal pullback resistance Take Profit : 0.6901 Why it’s good : Horizontal overlap support, 78.6% Fibonacci […]