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AUDUSD Bounced Off Support, Potential Rise

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
ICmarkets Broker  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD audusdlong audusdshort Forex forextrading forexsignal
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trendanalysis harmonicpatterns chartpattern audusd aud usd audusdlong audusdshort forex forextrading forexsignal
AUDUSD bounced nicely off its support at 0.7029 (100% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 0.7103 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (55, 5, 3) is bounced off its support at 1.4% where a corresponding rise could occur.
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