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EURAUD Approaching Resistance, Potential Reversal!

1 820
EURAUD is approaching its resistance at 1.6121 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could reverse down to its support at 1.6005 (Horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.

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