AUDUSD Approaching Resistance, Potential Reversal
AUDUSD is approaching its resistance at 0.7150 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance) where it may reverse down to its support at 0.6997 (38.2% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal may occur.
Stochastic (89, 5, 3) is approaching its resistance at 99% where a corresponding reversal may occur.
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