To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleAUDUSD, H4 | Potential for Bearish Drop TypeBearish ReversalPreference:Looking at the H4 chart, my overall bias for AUDUSD is bearish as the current price is below the Ichimoku Cloud. Looking for a sell entry at 0.68609, and take profit at 0.65887 where the 61.8% Fibonacci line is.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/audusd-potential-for-bearish-drop-to-61-8-fibonacci-line
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