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AUDUSD Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
AUDUSD is approaching resistance at 0.7479 (100% & 61.8% Fibonacci extension, 50% & 38.2% Fibonacci retracement, horizontal pullback resistance, where it could react off, causing price to fall to its support at 0.7374 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.

audAUDUSDaudusdshortChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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