AUDUSD Approaching Support, Potential Bounce
AUDUSD is approaching its support at 0.7099 (100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 0.7201 (38.2% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.