AUDNZD Approaching Support, Protential Bounce

1 802
AUDNZD is approaching its support at 1.0602 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal overlap support) where it could potentially bounce to its resistance at 15.34 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.