easyMarkets

AUDCAD approaching big resistance, potential reversal!

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Price is approaching our first resistance (pullback resistance, 61.8% Fibonacci extension) where we might see a drop to our first support (pullback support, 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a drop in price. Stochastic is also approaching resistance.
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