AUDNZD testing its resistance, potential reversal!
AUDNZD is testing its resistance at 1.0706 (38.2% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 1.0687 (61.8% Fibonacci extension, horizontal overlap support) if it breaks past this support, it could fall to the next support at 1.0606 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed from its resistance at 97% where it has a lot of downside potential.
Stochastic (89, 5, 3) reversed from its resistance at 97% where it has a lot of downside potential.
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Feragatname
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