AUDUSD Approaching Support, Prepare For A Bounce

AUDSUD is approaching its support at0.7046(horizontal swing low support, 61.8% Fibonacci extension,76.4% Fibonacci retracement) where it could potentially bounce to its resistance at 0.7119 (61.8% Fibonacci retracement).

Stochastic (89, 5, 3) is approaching its support where a corresponding bounce could occur.

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