EURAUD approaching resistance, potential reversal!

EURAUD is approaching its resistance at 1.5498 (61.8% Fibonacci retracement, 23.6% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its major support at 1.5375 (61.8% Fibonacci retracement).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reaction could occur.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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