ASX approaching support, potential bounce!

ASX is approaching our first support at 5586 (Horizontal overlap support 61.8%, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 5908 (horizontal swing high resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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