AUD/USD reversed off resistance, potential reversal!

Price reversed off its resistance where we expect to see it drop further to its support at 0.6896. Entry : 0.6934 Why it’s good : 50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance Stop Loss : 0.6958 Why it’s good : 100% Fibonacci extension Take Profit : 0.6896 Why it’s good : 38.2% Fibonacci […]