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AUDUSD Approaching Resistance, Potential For A Reversal

Oleh ICmarkets
Broker
AUDUSD is approaching its resistance at 0.7215 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 0.7127(61.8% Fibonacci extension).
Stochastic (21, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
audAUDUSDaudusdshortChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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