EURAUD approaching resistance, potential reversal!
EURAUD is approaching its resistance at 1.5498 (61.8% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its major support at 1.5375 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reaction could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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