After hitting a multiyear low just above 0.5500 on March 19, AUD/USD has formed a higher low in the 0.5720 area.
S&P 500 offers trade opportunities
Information is not investment advice
S&P 500 met resistance at the 61.8% Fibo of the January 24-27 decline. The index is quite volatile these days offering traders opportunities to make profit. On the D1, the current candlestick opened with a gap up and now sellers are pulling the price down. The close of the H4 candlestick below 3285 will open the way down to 3272.85 and potentially 3258.00. On the other hand, return above 3297 will open the way to 3315 (78.5% Fibo).
BUY 3298; TP 3315; SL 3194
SELL 3280; TP 3273; SL 3282
To trade S&P 500, choose S&P 500-20H in MetaTrader 5.
GBP/USD retraced more than 78.6% Fibonacci of the 2019 advance. Last week was the worst for the pair since the Brexit referendum.
CAD/JPY recovered last week to the 78.00 area (38.2% Fibonacci of the February-March decline), but then turned down again getting back below the 50-period MA on the H4.
FLAGS EURUSD M30 ARROW Resistance 1…
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