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EURAUD Testing Resistance, Potential For Reversal!

Por ICmarkets
Corretora
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.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic 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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