AUDCHF Approaching Resistance, Potential Reversal

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AUDCHF is approaching its resistance at 0.7124 (61.8% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 0.7038 (23.6% Fibonacci retracement, horizontal overlap support).

Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal could occur.

Penafian

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