AUDCAD approaching big resistance, potential reversal!
Price is approaching our first resistance (pullback resistance, 61.8% Fibonacci extension) where we might see a drop to our first support (pullback support, 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a drop in price. Stochastic is also approaching resistance.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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