The EURUSD is Approaching the FIB .236 Resistance Line, The Stochastic Indicator is Pulling back from oversold position, therefore, it is reasonable to expect a break of that line to the next Fib Level However if it crosses the 100 MA we should Expect to see a Full Retracement to the .12377 Level.
The AUD is Approaching the .382 Fib Resistance Line Aswell as the 100 MA a break of these Lines will Lead to a Strong Bullish Trend, however, we should expect to see a pullback to either the Trend Line or .236 Fibonacci Line before a break of this line is achieved especially due to the Stochastic indicator touching the Over Bought Range. The Plan is to buy on the...