ASX Reversed Nicely Off Resistance, Potential Drop!
ASX reversed nicely off its resistance at 6037 (50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 5920 (61.8% Fibonacci extension x2, 50% Fibonacci retracement).
Stochastic (34, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
Stochastic (34, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
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