Klimex
Long

AUDUSD Approaching Support, Potential Bounce

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is approaching its support at 0.7099 (100% Fibonacci extension , 78.6% Fibonacci retracement , horizontal pullback support) where it could potentially bounce to its resistance at 0.7201 (38.2% Fibonacci retracement , horizontal swing high resistance).

Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.

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