AUDUSD Testing Resistance, Potential For A Reversal
AUDUSD is testing its resistance at 0.7123(23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 0.7086 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 99%.
Stochastic (89, 5, 3) is approaching its resistance at 99%.
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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.