ForexPinnacle

AUDUSD 2.618 Fibonacci level of interest

FX:AUDUSD   Australian Dollar / U.S. Dollar
3
Looking to see if AUDUSD -0.26% can get above stops (Orange lines) and if so, it will be interesting to see its reaction to the 2.618 (0.77719) level (Blue Fibonacci). So far price has failed to close above previous 2.618 levels (Black and Purple Fibonacci) and after failing has seen a considerable selloff.
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