Euro / Australian Dollar
Long

EURAUD Approaching Support, Potential Bounce

EURAUD is approaching its support at 1.5997 (100% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.6191 (horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 5.72% where a corresponding bounce could occur.

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