Analytical Reviews

Forexmart's analytical reviews provide up-to-date technical information about the financial market. These reports range from stock trends, to financial forecasts, to global economy reports, and political news that impact the market.

Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

AUDUSD Showing head and shoulders! Drop incoming!

22:05 2020-07-15 UTC--4

Trading Recommendation

Entry: 0.69950

Reason for Entry: Head and shoulders neckline, Moving average resistance

Take Profit: 0.69653

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 0.70146

Reason for Stop Loss: Ascending trendline resistance

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