AUDUSD Approaching Support, Potential Bounce
AUDUSD is approaching its support at 0.7114 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7166 (horizontal swing high resistance, 61.8% Fibonacci extension).
Stochastic (55, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.
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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.