AUDNZD Approaching Support, Potential Bounce!

606
AUDNZD is approaching its support at 1.0988 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 1.1162 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 7.27% where a corresponding bounce is expected.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.