AUDUSD Approaching Resistance, Potential For A Reversal
AUDUSD is approaching its resistance at 0.7215 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 0.7127(61.8% Fibonacci extension).
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
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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.