SHORT EURAUD Testing Resistance, Potential Reversal

EURAUD is testing its resistance at 1.5998 (61.8% Fibonacci extension , 61.8 % Fibonacci retracement , horizontal overlap resistance) it could potentially reversal to its support at 1.5825 (61.8% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) has reversed off its resistance at 98% where a corresponding drop may occur.

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