AUDUSD Approaching Resistance, Potential Reversal!
AUDUSD is approaching its resistance at 0.7057 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is could reverse down to its support at 0.7013 (50% Fibonacci retracement, Horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
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