AUDUSD Approaching Support, Potential Bounce

AUDUSD is approaching its support at 0.7162 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7276 (50% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance).

Stochastic (55, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.