AUDUSD Reversed Off Resistance, Potential For Further Drop
AUDUSD reversed off its resistance at 0.7227 (61.8% Fibonacci extension, 50%, 38.2%, 23.6% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 0.7144 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop could occur.
Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop 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.