AUDUSD Testing Resistance, Potential For Reversal
AUDUSD is testing its resistance at 0.7349 (100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 0.7284 (50% Fibonacci retracement, horizontal overlap support) could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off its resistance at 97% 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.