AUDUSD approaching resistance, potential reversal!

10 במאי 2019

AUDUSD is approaching our first resistance (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong drop to our first support (horizontal swing lo support, 76.4% Fibonacci retracement) might occur. Stochastic is also approaching resistance where we might see a corresponding drop in price.
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