AUDUSD Bears On The Line

2019-11-03 02:13:37

The pair has had a steady hike throughout last week rebounding from 0.68000 level refusing to break a previous resistance. Going forward the pair has reached 0.681 fib retracement level which is a very strong indicator that the pair will re visit the 0.68600 level. Order below 0.68 level with stop losses above 0.69500. The trend drawn from 2nd of January 2019 also supports and this possible trade.