EURAUD Approaching Resistance, Potential Reversal!

EURAUD is approaching its resistance at 1.5974 (78.6% & 76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance) where it could react off, causing price to fall to its support at 1.5641 (50% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
audChart PatternsEUREURAUDeuraudshortForexforexsignalsHarmonic PatternsTrend Analysis

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