AUDUSD Approaching Resistance, Prepare For A Reversal
AUDUSD is approaching its resistance at 0.7119(100%Fibonacci extension, horizontal pullback resistance, 61.8% Fibonacci retracement) where it is expected to reverse down to its support at 0.7061 ( 50% Fibonacci retracement,100% Fibonacci extension).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.