AUDCHF Approaching Resistance, Potential Reversal
AUDCHF is approaching its resistance at 0.7117 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.7086 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal is expected.
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