GBPAUD approaching resistance, potential drop!

2018년 7월 5일

GBPAUD is approaching our first resistance at 1.7970 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur below this level pushing price down to our major support at 1.7797 (horizontal swing low support, 76.4% Fibonacci retracement, 100% Fibonacci extension).
Stochastic (55,5,3) is approaching resistance we might see a corresponding drop in price.
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