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SHORT EURAUD Testing Resistance, Potential Reversal

Por ICmarkets
Corretora
EURAUD is testing its resistance at 1.5998 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement , horizontal overlap resistance) it could potentially reversal to its support at 1.5825 (61.8% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.
audChart PatternsEUREURAUDeuraudlongeuraudshortForexforexsignalforextradingHarmonic 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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