Euro / Australian Dollar
Short

EURAUD Testing Resistance, Potential Reversal

EURAUD is testing its resistance at 1.5731(61.8% & 100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where a reversal to its support at 1.5597 (61.8% Fibonacci retracement) could occur.
Stochastic (55, 5, 3) is testing its resistance at 92% where a corresponding drop could occur.

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