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AUDUSD testing resistance, potential reversal!

Oleh ICmarkets
Broker

AUDUSD is testing its resistance at 0.7535 (23.6% Fibonacci retracement x2, horizontal swing high resistance) where it could potentially fall to its support at 0.7449 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 97% where a corresponding reversal could occur
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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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