EURAUD Testing Resistance, Potential For Reversal!
EURAUD is testing its resistance at 1.5700 (61.8% & 100% Fibonacci extension, 50% & 38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.5597 (horizontal swing low support) could occur.
Stochastic (89, 5, 3) is approaching its resistance at 92% where a corresponding drop could occur.
Stochastic (89, 5, 3) is approaching its resistance at 92% where a corresponding drop could occur.
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