AUDNZD Approaching Resistance, Potential Reversal

AUDNZD is approaching its resistance at 1.0590 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.0518 (50% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 93% where a corresponding reversal may occur.

Penafian