AUDUSD Approaching Resistance, Potential Reversal!
AUDUSD is approaching its resistance at 0.7407 (50% & 61.8% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop to its support at 0.7372 (61.8% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal could occur.
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