AUDUSD Approaching Resistance, Potential Reversal!
AUDUSD is approaching its resistance at 0.6965 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 0.6904 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
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