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AUDNZD Tested Resistance, Potential Drop!

Short
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
ICmarkets Broker  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDNZD aud NZD audnzdshort Forex forexsignals
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trendanalysis harmonicpatterns chartpattern audnzd aud nzd audnzdshort forex forexsignals
AUDNZD reacted off its resistance at 1.07812 (100% Fibonacci extension, 61.8% Fibonacci extension, 38.2% Fibonacci retracement, 50% Fibonacci retracement, horizontal overlap resistance) where price could drop to its support at 1.0710 (100% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) reversed off its resistance at 95% where a corresponding drop could occur.
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