AUDUSD approaching support, potential bounce!

29 ม.ค. 2019

AUDUSD is approaching our first support at 0.7225 (horizontal overlap support, 100% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 0.7148 (38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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