AUDNZD Approaching Resistance, Potential For A Reversal!
AUDNZD is approaching its resistance at 1.0776 (61.8% Fibonacci retracement, 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where a reversal could occur, causing price to fall to its support at 1.0717 (50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reaction could occur.
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