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AUDUSD Testing Resistance, Potential For A Reversal

Por ICmarkets
Corretora
AUDUSD is testing its resistance at 0.7123(23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 0.7086 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 99%.
audAUDUSDaudusdshortCADChart PatternsEURGBPHarmonic PatternsTrend AnalysisUSD
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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