Falling towards 50% Fibonacci support?
AUD/USD is falling towards a support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6638
Why we like it:
There is a pullback support level which aligns with the 50% Fibonacci retracement.
Stop loss: 0.6593
Why we like it:
There is a pullback support level.
Take profit: 0.6712
Why we like it:
There is a pullback resistance level.
Entry: 0.6638
Why we like it:
There is a pullback support level which aligns with the 50% Fibonacci retracement.
Stop loss: 0.6593
Why we like it:
There is a pullback support level.
Take profit: 0.6712
Why we like it:
There is a pullback resistance level.
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