AUDNZD approaching support, potential bounce!

789
AUDNZD is approaching its support at 1.0669 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price could bounce and potentially rise to its resistance at 1.0750 (horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 2.7% where we expect to see a corresponding bounce.
Trade closed: target reached
Profit target reached!! perfect!

Disclaimer

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.