EURAUD Bounced Off Support, Potential For A Further Rise

EURAUD bounced off its support at 1.5789 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise further to its resistance at 1.5967 (23.6% Fibonacci retracement, horizontal swing high resistance).

Stochastic (55, 5, 3) bounced off its support at 1.1% where a further rise could occur.