AUDUSD Approaching Resistance, Potential For Reversal!
AUDUSD is approaching its resistance at 0.7438 (100% & 61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 0.7382 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
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