EURAUD Testing Resistance, Potential Drop!

EURAUD reversed nicely off its resistance at 1.5731 (50% Fibonacci retracement x2, horizontal swing high resistance) where it could drop to its support at 1.5550 (61.8% Fibonacci extension, 61.8% & 38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic PatternsTrend Analysis

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