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EURAUD Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
NZDJPY is approaching its resistance at 1.6144 (horizontal swing high resistance, 50% Fibonacci retracement) where it could potentially drop to its support at 1.5887 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding bounce could occur.
audChart PatternsEUREURAUDeuraudlongeuraudshortForexforexsignalforextradingHarmonic PatternsTrend Analysis
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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