AUDUSD Testing Support, Potential For A Bounce!
AUDUSD is approaching its support at 0.7560 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where we a bounce could occur, causing price to rise to its resistance at 0.7659 (61.8% & 50% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 9.6% where a corresponding bounce could occur.
Stochastic (89, 5, 3) is approaching its support at 9.6% where a corresponding bounce could occur.
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