GBPAUD Approaching Resistance, Potential For Reversal!
GBPAUD is approaching its resistance at 1.7666 (61.8% Fibonacci extension, 50% & 23.6% Fibonacci retracement, horizontal pullback resistance) where a reversal to its support at 1.7303 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support)could occur.
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding drop could occur.
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding drop could occur.
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