easyMarkets

AUDUSD testing major resistance, potential reversal from here!

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is testing major resistance at 0.7599 (Fibonacci retracement, multiple Fibonacci extension) and a strong reaction could occur at this level to push prices down to major support at 0.7546 (Fibonacci retracement, horizontal pullback support).
Stochastic (55,5,3) is seeing major resistance below 97% where a corresponding reaction could occur.

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