AUDNZD Testing Resistance, Potential For Reversal
AUDNZD is testing its resistance at 1.0876 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where a reversal to its support at 1.0830 (61.8% Fibonacci retracement) could occur.
Stochastic (55, 5, 3) has reversed off near its resistance at 93% where a corresponding drop could occur.
Stochastic (55, 5, 3) has reversed off near its resistance at 93% where a corresponding drop could occur.
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