EURAUD Approaching Resistance, Potential Reversal
EURAUD is approaching its resistance at 1.5979 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where there is a potential to reverse down to its support at 1.5745 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 97% where a there might be a potential corresponding reversal.
Stochastic (55, 5, 3) is approaching its resistance at 97% where a there might be a potential corresponding reversal.
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