EURAUD Approaching Resistance, Potential Reversal!
EURAUD is approaching its resistance at 1.5944 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially react off, causing price to fall to its support at 1.5694 (23.6% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reaction could occur.
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