EURAUD Reversed Off Resistance, Potential For Further Drop

EURAUD reversed off its resistance at 1.5520 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where it is expected to drop further to its support at 1.5431 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 94% where a corresponding drop is expected.