AUDUSD Approaching Resistance, Potential Reversal!
AUDUSD is approaching resistance at 0.7479 (100% & 61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal pullback resistance, where it could react off, causing price to fall to its support at 0.7374 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
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