EURAUD Approaching Support, Potential Bounce!
EURAUD is testing its support at 1.5713 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce off from here and to its resistance at 1.5858 (100% Fibonacci extension, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3.9% where a corresponding bounce could occur.
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