AUDCAD Approaching Resistance, Potential Reversal!
AUDCAD is approaching its resistance at 0.9477 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.9419 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
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