ASX Approaching Support, Prepare For A Bounce!
ASX is approaching its support at 6227 (78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support, channel support) where it could potentially bounce to its resistance at 6278 (horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 5.6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 5.6% where a corresponding bounce could occur.
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