AUDUSD Approaching Support, Potential Bounce
AUDUSD is approaching its support at 0.7163 (61.8% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 0.7278 (61.8% Fibonacci extension , horizontal overlap 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.