AUDNZD approaching resistance, potential drop!

3 באוג׳ 2018

AUDNZD is approaching our first resistance at 1.0949 (100% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing high resistance) where price might drop to its support at 1.0843 (61.8% Fibonacci extension , 50% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance where we might see a corresponding drop in price.
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