TradingView
Klimex
Dec 27, 2018 2:03 AM

AUDUSD Bounced Off Support, Potential For A Further Rise  Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD bounced off its support at 0.7026 (100% Fibonacci extension, horizontal swing low support) where it could potentially rise further to its resistance at 0.7150 (38.2% Fibonacci retracement , horizontal overlap resistance). 

Stochastic (89, 5, 3) bounced off its support at 0.9% where a further rise could occur.
More