AUDUSD Rallies Back To 0.7239 The 79% Fib Retracement Level
Duncan Cooper FX
Forex Trader | Forex Trading Educator | Forex Market Analyst | Senior Market Strategist & Trading Mentor at ACY Securities
ACY Securities – Live Interactive FOREX Trading Feed – Telegram Channel
A post from today’s live feed:
AUDUSD
Hi Traders, watching price levels on the AUDUSD 4 hour chart.
Price has been getting support from 0.7170 the weekly support/resistance level and has rallied back to 0.7239 the 79% fib retracement level of last month’s trading range.
Looking for price to fail in this area over the next 24 hours.
Price moving back below the 0.7200 level would confirm the reversal targeting 0.7106 the weekly support level.
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