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EURAUD testing its resistance, potential reversal!

Singkat
Euro / Dolar Australia (FX:EURAUD)  
ICmarkets Broker  
FX:EURAUD   Euro / Dolar Australia
Harmonic Patterns Trend Analysis Chart Patterns EURAUD EUR aud euraudshort Forex forexsignals Bitcoin (Cryptocurrency) bitcoinforecast
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EURAUD is testing its resistance area at 1.5997 (76.4% Fibonacci retracement, 61.8% Fibonacci extension, 50% Fibonacci retracement) where potential reversal may occur, causing price to drop to its support at 1.5923 (61.8% Fibonacci extension, 50% Fibonacci retracement). We have also identified another resistance at 1.6036 (100% Fibonacci extension).
Stochastic (89, 5, 3) is approaching its resistance at 95% where we expect to see a corresponding reversal.
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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