AUDUSD Approaching Support, Potential Bounce
AUDUSD is approaching its support at 0.7114 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7166 (horizontal swing high resistance, 61.8% Fibonacci extension).
Stochastic (55, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 1.2% where a corresponding bounce could occur.
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