AUDNZD is approaching our first support at 1.0861 (horizontal swing low support, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 1.0994 (horizontal overlap resistance, 100% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
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