EURAUD Approaching Support, Potential Bounce
EURAUD is approaching its support at 1.5677 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.5748 (horizontal swing high resistance). Stochastic (55, 5, 3) is approaching its support at 3.1% where a corresponding bounce could occur.
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