AUDUSD Approaching Resistance, Potential Reversal
AUDUSD is approaching its resistance at 0.7149 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it may reverse down to its support at 0.7085 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal may occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal may occur.
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