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AUDUSD Approaching Support, Potential Bounce!

Por ICmarkets
Corretora
AUDUSD is approaching its support at 0.7059 (100% & 61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 0.7109 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 1.8% where a corresponding bounce could occur.
Chart PatternsHarmonic PatternsTrend Analysis
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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