AUDNZD Tested Resistance, Prepare For A Drop!
AUDNZD reversed nicely off its resistance at 1.0890 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.0777 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
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