AUDUSD approaching support, potential bounce!

2018년 6월 13일

AUDUSD is approaching our first support at 0.7555 (horizontal overlap support, 61.8%, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level, pushing price up to our major resistance at 0.7617 (horizonal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is also approaching our support where a bounce off this level might see a corresponding rise in price.
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