FXTM_ForexTime

ASX Approaching Support, Prepare For A Bounce!

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OANDA:AU200AUD   Australia 200
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.
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